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Strategies & Market Trends
The coming US dollar crisis
An SI Board Since May 2007
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71023 392 0
Emcee:  Real Man Type:  Moderated
Persistent high trade deficit of the last few years,
extremely high level of USD reserves in foreign central banks,
and the recent series of interest rates cuts by US Federal reserve
have led to the dollar crisis, a sharp drop of our currency.

Any currency crisis eventually involves much higher 10-year and
30-year interest rates and a meltdown of all asset classes,
with the possible exception of precious metals. This thread
will focus on the discussion of ongoing USD currency crisis,
and the ways to survive it.

"There is no means of avoiding the final collapse of a boom
brought about by credit expansion. The alternative is only
whether the crisis should come sooner as a result of voluntary
abandonment of further credit expansion, or later as a final
and total catastrophe of the currency system involved. The
breakdown appears as soon as the banks become frightened by
the accelerated pace of the boom and begin to abstain from
further credit expansion."

-- Ludwig von Mises

The Dark Side of the Credit Boom

"Against this backdrop the crucial question is: where is the borderline between a "good" and "bad" rise in debt-to-GDP ratios? To Austrian economists the ratios spell danger. They maintain that today's government-controlled paper-money systems have decoupled credit expansion from the economies' productive capacities: "circulation credit" feeds a "credit boom" that is doomed to end in severe economic, social and political crisis. Austrians fear that the collapse of the credit boom will lead to the destruction of the currency through a deliberate policy of (hyper-)inflation, destroying the free-market order."

mises.org
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71023the dozer has me on ignore as he didn't like my more progressive views, meanggersh1yesterday
71022I'll stand right next to you in enjoying the moment!!ggersh1yesterday
71021Yes, you know how it is. If you don't stand up for the racist terrorists..maceng21yesterday
71020Agreed. Elon is such a hypocrite. BUT If Elon says "well we are just gmaceng21yesterday
71019I'll just say this, I'll never give Elon a penny, for the goof does whatggersh1yesterday
71018His point can't be argued, all of Biden's appointee's were Hillary&#ggersh1yesterday
71017[X] NET ZERO - The ideology bankrupting Britain is OVER in the US! And it’s ovmaceng21Sunday
71016Here is Elon Musk interfering in British Politics. [youtube video] Starmer ismaceng22Sunday
71015Big changes are seldom pleasant in any way, or ideal. I give that post a rec asmaceng22Sunday
71014Cutting of USAID showed that Operation Mockingbird lived on, Obama giving the goggersh4Sunday
71013--I think so much money was gushing out of the USAID spigot, it will cause a gmarcher2last Friday
71012I think so much money was gushing out of the USAID spigot, it will cause a glomaceng23last Friday
71011Everything policy move made so far is attacking China more so than Russia. Trumpggersh-February 6
71010The pivot to China? Doesn't sound good, please explain further. I buy electmaceng2-February 5
71009much much worse -nfg- Message 35012275ggersh-February 5
71008First off shutting down USAID was only a cover for what's to come next the pggersh1February 5
71007not clear that it will be much much worse... but likely to be different. rhymes marcher1February 4
71006CNN... (Howard Lutnick bottom video) -g- [X] This is Howard Lutnick on CNN remaceng2-February 4
71005So I imagine the Donald will get his 10% vig just like the big guy got his Donggersh-February 3
71004So now that Genocide Joe is long gone, we now get President Musk, for Trump has ggersh-February 3
71003[X] This seems somewhat appropriate, given the news today…#tariffs#TrumpTariffsggersh-February 2
71002ROFL.... that is brill back to politics, sigh [X] The extreme unpopularity ofggersh1January 31
71001I have been finding deep meaningful truths on Meta. You have to hand it to Zuck,maceng22January 30
71000everything is free for the people of the world it's only amerikans that haveggersh1January 30
70999hmmm... free condoms for everyone? -g-marcher-January 30
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