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Strategies & Market Trends
The coming US dollar crisis
An SI Board Since May 2007
Posts SubjectMarks Bans
65371 374 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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ReplyMessage PreviewFromRecsPosted
65371What's even worse is these morons are selling PM's as well......smfhggersh-3 hours ago
65370It's coming soon to a theater near us all But if that was ugly, the internggersh-3 hours ago
65369Treasury Yields Explode After Catastrophic, Tailing 7Y Auction by Tyler Durden Broken_Clock13 hours ago
65368Summers is up there w/Gates on level of evil The guy is a creepazoid, on roidggersh14 hours ago
65367The writing was on the wall when the US decided to refi it's ever massively Broken_Clock-4 hours ago
653662 or 3 times in the past couple weeks we have had the trifecta $$$$, Bonds, Stoggersh-5 hours ago
65365schrts.coReal Man-6 hours ago
65364[graphic] Jesseggersh27 hours ago
65363Within a Matter of Months, the Fed’s Balance Sheet Will Hit $8 Trillion; These Cbull_dozer17 hours ago
65362He probably does, but that’s gold. Gold is not exotic-g-Real Man-Tuesday
65361Jamie Dimons owns exotic shit like this? -g- [graphic]ggersh-Tuesday
65360Nah, all thAt cash goes to JPM to prop it through some exotic shit -g-Real Man-Monday
65359didn't the FED destroy the $$$$? -g-ggersh-Monday
65358The Fed got this covered -g-Real Man-Monday
65357nothing about derivatives, tsk tsk.ggersh-Monday
65356Well when the big bond drops and mortgage rates rise and lenders foreclose, you’Real Man-Monday
65355No, but copper and oil are -g-Real Man-Monday
65354[graphic] Jesseggersh-Monday
65353Twice in the past week Bonds, Stocks, $$$$ got hit together. it's sorta my tggersh1Monday
65352Big Tech, Bitcoin, & The Buck Battered As Commodities Crash-Up. Looks like Real Man-Monday
65351Nice critique This is what JPW thinks. [youtube video] Litore Lapis2Monday
65350Only one answer, USA doesn't control it and doesn't profit from itggersh1Monday
65349cnbc.com Why does she care? Just wondering... oh she is wrong, there is extremeReal Man-Monday
65348All you need to know in 18 minutes. [youtube video]ggersh1Monday
65347"Building back better." The semiconductor chip shortages. [youtube Litore Lapis1Sunday
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