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Strategies & Market Trends
The coming US dollar crisis
An SI Board Since May 2007
Posts SubjectMarks Bans
64576 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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64576I recently watched this Chris Hedges interview. [youtube video] Lloyd BlankfeLitore Lapis-an hour ago
64575John Whitehead's Commentary Broken_Clock14 hours ago
64574The Corbett Report, Yep seen it and I do support James Corbett's site. -g- Litore Lapis1yesterday
64573caucus99percent.com supposedly we are in it together or we are still under the ggersh1yesterday
64572via Jonathan Cook on fb. A scandal and a crisis in British journalism Jacob EcLitore Lapis1yesterday
64571Free Julian!!!! Queen is in trouble.....sigh zerohedge.com The Rise of the Idggersh1yesterday
64570It is simply unreal, Boris under the sway of lab coat Nazis, foreign doctors beiJoachim K-yesterday
64569Just listen to Lord Sumption for a few minutes, and you will get idea of where iLitore Lapis-yesterday
64568Questions in the house. Tory M.P. Swayne asking the questions everyone is thinLitore Lapis1yesterday
64567[graphic] Jesse. Lol.Real Man2Monday
64566Eugenics at work?ggersh-Monday
64565Gareth Icke five star presentation. facebook.comLitore Lapis-Monday
64564Covid19 vaccine ... A Win - Win scenario. [graphic]Litore Lapis4Monday
64563Geepers, I just found a UK politician who doesn't talk utter bollocks about Litore Lapis1Sunday
64562The year was 1971, everything changed peakprosperity.comggersh2Sunday
64561Most BLM I've seen are dominated by Caucasians, another beautiful propagandaggersh-Sunday
64560Yeah, I didn’t listen to crypto part. I am not progressive enough to invest hardReal Man2Sunday
64559I am impressed. Kool demonstration at Trafalgar Square. youtube.com and the Litore Lapis-Sunday
64558I agree Bitcoin is so unique, but it will not be obtainable nor easily used by mggersh-last Saturday
64557I'm not going to dump all my gold stocks for bitcoin, and bitcoin is the onlflashforward2009-last Saturday
64556Maybe. I heat my house with a few miners in winter -g- I am not much of a bitcoReal Man-last Saturday
64555The second half of this Keiser Report segment explains why PM's are not in tflashforward20091last Saturday
64554PM's also Message 32951013ggersh-last Saturday
64553I'm convinced bitcoin is a must have. rt.comflashforward2009-last Saturday
64552The good thing about living off grid with lots of food is that we can still eat.Broken_Clock2last Friday
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