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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (43813)11/18/2021 2:14:53 PM
From: sunabeach  Read Replies (3) | Respond to of 97558
 
Unlimited money printing is better?



To: Sun Tzu who wrote (43813)11/18/2021 3:09:56 PM
From: Real Man1 Recommendation

Recommended By
sunabeach

  Read Replies (1) | Respond to of 97558
 
No nostalgia, I have no gold. When you start devaluing money it never stops where you desire. So, instead of 2x devaluation you get 1000x. Debt is surely wiped out, so is the value of all assets, which are valued in home currency. Just look at how well Argentina is doing, or Turkey. Once prosperous nations. Not anymore.
Yes I prefer gold standard to THAT, and currency board (some sort of value tied standard) is the only way these things are stopped. So you want me to cheer USD fiasco? I already run a thread on it, frankly, I don’t want it!