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Strategies & Market Trends
The coming US dollar crisis
An SI Board Since May 2007
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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."
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65881So where is the scarcity? I have some of it. It's maybe a good idea to ownLitore Lapis-last Wednesday
65880Sturgeon seems to be more worried about Afghani's than her own constituent. ggersh1last Tuesday
65879Scotlands "Political Prisoner". Craig Murray Reader's plea to JusLitore Lapis1last Tuesday
65878ROFL.....there are so many targets, but Boris to begin with is fitting! -vbg-ggersh-September 11
65877Here is the Boris scratcher. Home - Bog Standard ShopLitore Lapis1September 11
65876This is a head scratcher for sure, repo's were used by banks to buy stocks ggersh-September 10
65875How good are you at the FRED version of 3 card monte? Can you tell which card Litore Lapis1September 10 The Everything Shortage & Price Hikes Plastered All Ovggersh-September 9
65873"We looked into the abyss if the gold price rose further. A further riseggersh1September 9
65872FWIW.... medium.comggersh-September 2
65871<<Yep, and we now have "MU".....sigh>> There is a cure foLitore Lapis1September 2
65870Yep, and we now have "MU".....sigh msn.comggersh-September 2
65869<<meaningless, completely fabricated 'metric' of GDP. In real termLitore Lapis1September 2
65868Forget Covid for a few moments....-g- On The Breeding Of Monggersh-September 2
65867 Covid claims another victim.. Conspiracy theorist who held Belfast rally andLitore Lapis-September 2
65866Globalization =crony corrupted capitalism/neoliberalismggersh-September 1
65865<<Fukashima>> First, Broken_Clocks "Conspiracy Theory" hLitore Lapis1September 1
65864Correct me if I'm wrong but aren't radiation levels still high throughouggersh-September 1
65863It's amazing how right we were in not believing Japan/Tepcoggersh-September 1
65862<<The "conspiracy theorists" like me were derided when we said TLitore Lapis-September 1
65861The "conspiracy theorists" like me were derided when we said Tepco wouBroken_Clock1September 1
65860yupBroken_Clock-September 1
65859Bentway is a solid D' neoshitlib he's loves his hellaryggersh-September 1
65858 posted that on the Biden thread pretty sure everyone but at has ignored me therBroken_Clock-September 1
65857Bentway banned me for a lot less than that on "The Trump Presidency" tggersh1September 1
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