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Strategies & Market Trends
The coming US dollar crisis
An SI Board Since May 2007
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69852 384 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."
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69852Nyet,,,,no fucking way!!! The truth will never be told to us.... JD next? [twggersh-last Wednesday Think this will make 60 Minutes? -ng-Broken_Clock-last Wednesday
69850Until it doesn't? Interest rates going higher isn't always $$$$ positivggersh-last Wednesday
69849The Fed will print more dollars and give them to GS so that they can keep gold dReal Man-last Wednesday
69848After the Fed caused market crash when they have to print again.Real Man1last Tuesday
69847Dimon says look for a 7% Fed rate. I believe him. When does hyper-inflation kickBroken_Clock-last Tuesday
69846The FED lost the game back in 08, when bailing out the people over the banks couggersh1last Tuesday
69845Jesse gives us a hint "Gold has worked down from Alexander's time. Whggersh-last Tuesday
69844Yea, I don’t know how the Fed can keep this up without bankrupting the country… Real Man-last Tuesday
69843Rates matter, I actually have a lot more $ than gold, a contrarian indicator. ItReal Man-last Tuesday
69842Well the $$$$$$ is strong and still considered a "safe asset" ROFLMAOggersh-last Monday
69841Your pricing method is wrong, the price is/should based on supply/demand. Paper ggersh-last Monday
69840Gee, how would things look now if the US hadn't been too proud and RussophobBroken_Clock-last Monday
69839It’s getting hit on CRIMEX every morning.Real Man-last Monday
69838There is not enough gold to run a gold standard, or the price is wrong -g- I meaReal Man-last Monday
69837Exactly, after the sanctions and confiscation of Russian assets why would any coggersh-last Monday
69836I think China is selling while it can, more related to Russian sanctions after PReal Man1last Monday
698352008 was the tipping point. That was the last chance they had to actually fix tggersh1last Monday Last Fall, but still relevant.Real Man-last Monday
69833yeah, i agree... must be some sort of flashback. -g-marcher-September 15
69832I highly doubt a man of God would use psilocybin -g- BWTFDIK..... ggersh-September 14
69831great composition... though it makes me wonder if jesse's been using psilocymarcher-September 14
69830Jesse [graphic]ggersh-September 14
69829CB's, pension funds, the usual losers once the game is played out....ggersh-September 5
69828Simplicius has a different take on Xi skipping G-20 Xi wants to build up BRICS, ggersh-September 5
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