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Strategies & Market Trends
The coming US dollar crisis
An SI Board Since May 2007
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68672 383 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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68672UFB, being Jewish this is why I hate Zionism and will never equate anti-Zionism ggersh-2 hours ago
68671I think Fauci is going to be knocked out of the political ring before long. His Litore Lapis-yesterday
68670Fauci testified the same thing last weekBroken_Clock2yesterday
68669What a great opinion he puts outs here, thanks this should go viral, I'll dggersh2yesterday
68668[youtube video] The Hot Button Questions:- Money, Banks, & the Economy MessLitore Lapis1yesterday
68667Training is good [graphic]ggersh1yesterday
68666We haven't started protesting yet. Just a few training exercises -g- ItLitore Lapis1yesterday
68665I imagine the protests were alsoggersh-yesterday
68664Grenfell was much worse.Litore Lapis-yesterday
68663It all depends on the leadership Has China pulled over a half billion people ouggersh-yesterday
68662Looks like I am not the only person who has noticed the volte-face by the BritisLitore Lapis-yesterday
68661President Joe Biden is very busy, no time for small problemsJulius Wong2Sunday
68660billions upon billions to Ukraine while thousands and thousand of people becomeggersh2Sunday
68659Europe accuses US of profiting from war politico.euJulius Wong-last Saturday
68658I've heard nothing further in regards to that seems reasonable though doesn&ggersh2last Friday
68657Just seen this, not sure if its real or not yet. [tweet]Litore Lapis1last Friday
68656Musk....new boss same as the old boss, sigh. Happy Thanksgiving!!!ggersh1last Thursday
68655They are scared of Musk’s hostile bid -g- Happy Thanksgiving!Real Man1last Thursday
68654[youtube video] youtube.comggersh2last Tuesday
68653thanksgiving dinner was not so cheery that year. for the memories: youtube.commarcher-last Tuesday
68652I was in the school playground when I first heard this. Amazing how one never foggersh1last Tuesday
68651Divide and conquer needs to go away, far far away. And here I thought that beinggersh-last Tuesday
68650--the truth is now fiction-- nah, truth is still truth and honesty is still honmarcher1last Tuesday
68649We should all team up, including France and Germany, and protest against the NWOLitore Lapis1last Tuesday
68648You've gotta remember 2 world wars and 1 world cup -g-ggersh-last Tuesday
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