So the M3 has inflated 1.5 times since 1995...... thats 150%.....:shock:
Right in sync with the devaluation of the dollar.......gonna reduce that national debt load....by lowering its value......
Same o same o....
:dude:
[align=left]Inflation [/b][/align]
[align=left]1. The act of inflating or the state of being inflated.[/align]
[align=left]2. An abnormal increase in the available currency…[/align]
[align=center][/align]
So the M3 has inflated 1.5 times since 1995...... thats 150%.....:shock:
Right in sync with the devaluation of the dollar.......gonna reduce that national debt load....by lowering its value......
Same o same o....
:dude:
The Technician (escapades at times as Carnac)
Going parabolic.
If it continues then everything bought by dollars is going to continue to inflate at alarming rates......oil....I fund.....etc etc....:shock:
Question is ....is it going to continue??? We have seen here lately that the dollar has had a studder step in its devaluation......hence I fund going down....oil going down....and so forth....
Does this mean we should expect more devaluation??? or an increase in value???
Maybe we allshould take some time to figure this one out???:^
anybody got anything to say????
:dude:
The Technician (escapades at times as Carnac)
With the USD on the current path itis going (up).
That makes our exports less competitive (more expensive).
It also makes imports cheaper.
It makes our treasuries more attractive for foreign central banks.
Meaning the housing bubble will continue.
Not good. This means our current account is going to grow much faster. Last quarter 195.1B. We will probably break 200B this quarter. :shock:
There is no end....are we in a corner like I believe ....with no way out but economic breakdown????
:dude:
The Technician (escapades at times as Carnac)
Everyone country I have studied that has been in this situation has had to start over. We are in uncharted waters with our big three deficiets.
I read a interesting piece byGilleispie Researchtoday (paid service - so I can link).
That if the way inflation and unemployment was figured out the way it was in 1980 that the GDP would be zero% or below and unemployment would be 12.5% now.
They called it because of the results of systemic manipulations we have what we have3 plus GDP and a 5.4% unemployment rate.
I found that interesting. :shock:
Maybe, we can prolong the debt by going sideways.....but I highly doubt we will every pay off the debt....eventually, we will go 3rd world status and debt is forgiven.....like South Africa....ever other US citizen will be at poverty level....little income, therefore no tax base, no healthcare, nothing.....where do you invest to keep from going that way.....China???? I fund to grow more???? Foreign currency......???? Dollar is worthless....
So then, who defends the world peace in the future.....nobody...we will be doing good to defend our homes........true 3rd world situation....
All this because of the pilfering of the taxes collected by the govt ......pork barrel projects, inflated profits on govt contract settlements.....guess without any controls over our financial assets, we get gored.......
You know if you want to prolong a profitwithout any growth, you change the data in the company reports......is this what we have here.....govt changed the data to prolong the great economy, while the US citizen gets it in the mean time????
:dude:
The Technician (escapades at times as Carnac)
Oh we are back to square one.
Prolonged by M3.
BTW have you looked at China's stock market. They hit a decade low with 9.5% GDP growth. Kind of makes our 3% look suspect. IMHO.
I have been short there all year - and loving every minute of it.:^
That is why they are buying us up. Their U.S. treasury horde could be valueless - their stock market sucks - so they are goingafter CHEAP hard assets like Maytag.If you look world wide they are on a major buying binge. :shock:
The Venezulean Boliviar is over 2,000: $ I wonder if we should trade currencys there.....Venezulea has got to go the other way as soon as they get rid of their elected dictator....
:dude:
The Technician (escapades at times as Carnac)
The Technician wrote:He is sleeping with China and Russia.The Venezulean Boliviar is over 2,000: $ I wonder if we should trade currencys there.....Venezulea has got to go the other way as soon as they get rid of their elected dictator....
:dude:
I actually respect the guy. He made a hard choice revaluing their currency.
It is working out and he is getting the financial house in order.
Refreshing. IMHO.
I'm not to fond of his agricultural plan....he's taking private property (farm land) under force....he's a dictator....
The Technician (escapades at times as Carnac)
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