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Strategies & Market Trends
The coming US dollar crisis
An SI Board Since May 2007
Posts SubjectMarks Bans
63425 373 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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63425wallstreetwindow.com Interview with FleckReal Man15 hours ago
63424just wondering... dnc's arrogance may result in hillary as vp for biden. it marcher-yesterday
63423Pritzker here in Illinois is doing a good job not enuf anything here either seggersh1yesterday
63422dcist.com Yes, gloomy stuff for now, following NYC with a 2 week delay.Real Man1yesterday
63421--the problem is, in my (DC) area we don’t even know how many are infected.-- tmarcher2yesterday
63420headband and all... early adapter (disrupter?) of fitness craze: youtube.com -marcher-yesterday
63419latimes.com Cuomo is doing something right. I am glad he is in charge of the woReal Man-yesterday
63418Oh well I just got bojo'ed for supporting Jill Stein instead of her heinous,ggersh1yesterday
63417Bear market rallies tend to make everyone a bull before they end. 15% US unemploReal Man2yesterday
63416So after 2500 posts he finally figured out you're troll ROFLMAO... Real Mggersh1yesterday
63415So until normalcy returns what you see is what you got Not sure if that's gggersh-yesterday
63414Been to the hock shops they got nothing to sell, and if by chance you do find soflashforward20091yesterday
63413Stock up at local pawn shop if open -g/nfg- Same goes for food/TP/Vodka! Probaggersh3yesterday
63412Big move in gold. Can’t get physical -g-Real Man2yesterday
63411LolReal Man-Wednesday
63410you might just put that in your badge of honor collection.marcher1Wednesday
63409Well I’ve been banned on GPM thread for being a gold bug, lol. I guess I come baReal Man4Wednesday
63408I've heard it all now...kimberley-Monday
63407"Stupidity Bonds" Buy em while you can! zerohedge.com Kudlow Says Hggersh3Monday
63406Custer's last stand? YMM20 Dow Futures Mini (Jun '20) ggersh-Monday
63405What? Millions streaming in unchecked and now with a virus that is crippling theLee Lichterman III1Sunday
63404So you look here, I'll look there your eyes told you where to look, scared ggersh-Sunday
63403Canadians tend to come in using legal methods. Ideally, we should have walls on Lee Lichterman III1Sunday
63402Why not build a wall at the Canadian border then they border us, don't theyggersh2Sunday
63401Oh, you meant my assigning the view to liberals. I would say that only liberals Lee Lichterman III-Sunday
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