At what point will the Fed come in to try and save the dollar?
- Thread starter will848
- Start date
CORRECTAMUNDO! EVERYBODY GETS HOSED so that few selected and favored benefit...
This will continue until the "Second American Revolution"... where we collectively rise up and THROW ALL THE REPUB AND DEM BASTARDS INTO THE STREET... Of course, if we don't do it "in time" it won't make any difference...
"Destroy your currency... destroy your country and your citizens..."
Us has a cheap dollar policy. Still not as low as it was before the housing market crash.
Here is another way to look at the US $ issue........
Let' say one has a $billion and has the following offerings....
Interest rates available....
US..........1/4%
Japan.....1/2%
Russia....9%
Brazil......8.75%
S. Africa..8%
Turkey....7.75%
China.....4%
.................................................
Then rates change....
US..........10%
Japan.....2%
Russia....9%
Brazil......8.75%
S. Africa..8%
Turkey....7.75%
China.....4%
How would one distribute the $billion....?
The point being there is quite a bit of room
for the govt. to start this play at any time......
....................................................
The major point being that the US must reduce the size
of govt.....and take out all the stops to promote US based
entrepreneurship....
Let' say one has a $billion and has the following offerings....
Interest rates available....
US..........1/4%
Japan.....1/2%
Russia....9%
Brazil......8.75%
S. Africa..8%
Turkey....7.75%
China.....4%
.................................................
Then rates change....
US..........10%
Japan.....2%
Russia....9%
Brazil......8.75%
S. Africa..8%
Turkey....7.75%
China.....4%
How would one distribute the $billion....?
The point being there is quite a bit of room
for the govt. to start this play at any time......
....................................................
The major point being that the US must reduce the size
of govt.....and take out all the stops to promote US based
entrepreneurship....
The only way to save the dollar is to stop the printing presses, dramatically cut government spending and raise taxes through the roof. The government will not do the first two because the stock market would crash and we would enter a depression. Taxes, however, will be going waaaay up.
Forget about trying to save the dollar (because the decision has already been made to trash it, despite the rhetoric) and save yourself by buying real assets.
As always... I agrees with ya... but...
the US Gov is going in the opposite direction at Warp 9+ ...
HAVE STOP <img src="http://www.enflow.com/p.gif"> WILL TRADE
A strong dollar is not good for the US.
We need to inflate the shit out of the USD and make imports so expensive that we start bringing work back into the US. And start exporting again.
And when you inflate the dollar you erode the value of the debt on our books.
Although the Fixed income old farts are gonna get the shaft but then again they put themselves in this position by supporting sending jobs and our future to china.
We need to inflate the shit out of the USD and make imports so expensive that we start bringing work back into the US. And start exporting again.
And when you inflate the dollar you erode the value of the debt on our books.
Although the Fixed income old farts are gonna get the shaft but then again they put themselves in this position by supporting sending jobs and our future to china.