No problems because the Fed will just print as many dollars as needed out of thin air...Quote from Hydroblunt:
Yeah you're right, every nation in the world, particularly Russia, China and the OPEC nations only want dollars and no other currency.
Like I said, you don't really have an idea of what's going on. Let me give you a clue. The US bonds dont go on market without full knowledge that the buyer is ready to suck it all in. There is not going to be a clue of US bonds having even a slight problem of being digested, it will follow the process of a quick avalanche.
Quote from Algorithm:
Hydro,
You just proved my points in your last post.
Quote from Hydroblunt:
No I did not, you feel that dollar is the preferred currency that EVERYONE wants and that is simply not true anymore. Just because US bonds get absorbed, it does not mean the nations buying them are making free decisions without any "persuasion" and pressure. The fact is that nations like China, Russia and especially OPEC nations have been slowly rebalancing reserves, some much more quietly than others.
Like I said, the US bonds will not go on the market unless there is a VERY strong prediction of exactly what will happen, such as China, Japan and some domestic institutions buying the bonds. US cannot afford to risk to just throw out the bonds on the market and then see what happens. Cause if there is the slightest clue that there is not a good appetite for them, the avalanche begins.
I hope you realize what the current conflict in the Middle East is really all about. There is a nation in the Middle East that is making a direct attack on the dollar and the Bush administration is doing what they should be to defend.
well, am not jew and don't believe in taboos but... make it then...Quote from myminitrading:
Aren't most US Fed chairman Jewish, and most bankers jewish?
is the us financial system run by jews?
I mean no disrespect to Jews, just making point.
Quote from 2cents:
well, am not jew and don't believe in taboos but... make it then...
here's the list of US Fed chairmen http://en.wikipedia.org/wiki/Chairman_of_the_Federal_Reserve
which ones are jewish pls? whats your definition of 'most' btw?
and where is the data for yr other 'points'? unless u were talking thru yr ass of course...
and when you're done with all this, plse explain the relevance of your point, if it IS relevant, of course, otherwise don't bother...
Quote from myminitrading:
Aren't most US Fed chairman Jewish, and most bankers jewish?
is the us financial system run by jews?
I mean no disrespect to Jews, just making point.