Deflation is winning

[kewp]

The way I am seeing it, we are screwed, but everyone else is screwed worse.

Yup. Or so I hope.

America has everything it needs to be self-sufficient. We have natural resources, an abundance of food and the best *human* resources on the planet.

We can afford to sit this thing out. Gonna suck for those whom have never known hard times.

[kewp]

Can’t Fed and Treasury directly pump the (consumer) money supply by distributing a stimulus payment, issuing Treasury notes, and then buying those Treasury notes right back?

I referenced this earlier; i.e. the Fed printing money and giving it right to the consumer.

This has the potential to be hyper-inflationary, much more so than lending money to banks.

A better idea would be for the Fed to open up credit lines directly to consumers and business with something (salary, revenue) as collateral. Prove you make money and the Fed lends you money. Customers could use this to pay down high interest debt and give the economy some breathing room.

[kewp]

Can’t Fed and Treasury directly pump the (consumer) money supply by distributing a stimulus payment, issuing Treasury notes, and then buying those Treasury notes right back?

I referenced this earlier; i.e. the Fed printing money and giving it right to the consumer.

This has the potential to be hyper-inflationary, much more so than lending money to banks.

A better idea would be for the Fed to open up credit lines directly to consumers and business with something (salary, revenue) as collateral. Prove you make money and the Fed lends you money. Customers could use this to pay down high interest debt and give the economy some breathing room.

[kewp]

Can’t Fed and Treasury directly pump the (consumer) money supply by distributing a stimulus payment, issuing Treasury notes, and then buying those Treasury notes right back?

I referenced this earlier; i.e. the Fed printing money and giving it right to the consumer.

This has the potential to be hyper-inflationary, much more so than lending money to banks.

A better idea would be for the Fed to open up credit lines directly to consumers and business with something (salary, revenue) as collateral. Prove you make money and the Fed lends you money. Customers could use this to pay down high interest debt and give the economy some breathing room.

[kewp]

Can’t Fed and Treasury directly pump the (consumer) money supply by distributing a stimulus payment, issuing Treasury notes, and then buying those Treasury notes right back?

I referenced this earlier; i.e. the Fed printing money and giving it right to the consumer.

This has the potential to be hyper-inflationary, much more so than lending money to banks.

A better idea would be for the Fed to open up credit lines directly to consumers and business with something (salary, revenue) as collateral. Prove you make money and the Fed lends you money. Customers could use this to pay down high interest debt and give the economy some breathing room.

[kewp]

Can’t Fed and Treasury directly pump the (consumer) money supply by distributing a stimulus payment, issuing Treasury notes, and then buying those Treasury notes right back?

I referenced this earlier; i.e. the Fed printing money and giving it right to the consumer.

This has the potential to be hyper-inflationary, much more so than lending money to banks.

A better idea would be for the Fed to open up credit lines directly to consumers and business with something (salary, revenue) as collateral. Prove you make money and the Fed lends you money. Customers could use this to pay down high interest debt and give the economy some breathing room.

[34f3f3f]

I’m no economist, but I agree with peterb and kewp, up to the point where we are now, ie a correction is taking place. But as I understand it, factors outside the credit bubble, such as food price increases, which some say is caused largely by biofuel projects, and oil prices which seem attributable to several factors, are also a part of the inflation equation.

As to the dollar strengthening, it’s all relative isn’t it? Currencies like sterling and to an extent the euro have been weakening, due to their respective weakening economies, which makes the dollar appear to be strengthening. Just my very small penny’s worth.

[34f3f3f]

I’m no economist, but I agree with peterb and kewp, up to the point where we are now, ie a correction is taking place. But as I understand it, factors outside the credit bubble, such as food price increases, which some say is caused largely by biofuel projects, and oil prices which seem attributable to several factors, are also a part of the inflation equation.

As to the dollar strengthening, it’s all relative isn’t it? Currencies like sterling and to an extent the euro have been weakening, due to their respective weakening economies, which makes the dollar appear to be strengthening. Just my very small penny’s worth.

[34f3f3f]

I’m no economist, but I agree with peterb and kewp, up to the point where we are now, ie a correction is taking place. But as I understand it, factors outside the credit bubble, such as food price increases, which some say is caused largely by biofuel projects, and oil prices which seem attributable to several factors, are also a part of the inflation equation.

As to the dollar strengthening, it’s all relative isn’t it? Currencies like sterling and to an extent the euro have been weakening, due to their respective weakening economies, which makes the dollar appear to be strengthening. Just my very small penny’s worth.

[34f3f3f]

I’m no economist, but I agree with peterb and kewp, up to the point where we are now, ie a correction is taking place. But as I understand it, factors outside the credit bubble, such as food price increases, which some say is caused largely by biofuel projects, and oil prices which seem attributable to several factors, are also a part of the inflation equation.

As to the dollar strengthening, it’s all relative isn’t it? Currencies like sterling and to an extent the euro have been weakening, due to their respective weakening economies, which makes the dollar appear to be strengthening. Just my very small penny’s worth.

[34f3f3f]

I’m no economist, but I agree with peterb and kewp, up to the point where we are now, ie a correction is taking place. But as I understand it, factors outside the credit bubble, such as food price increases, which some say is caused largely by biofuel projects, and oil prices which seem attributable to several factors, are also a part of the inflation equation.

As to the dollar strengthening, it’s all relative isn’t it? Currencies like sterling and to an extent the euro have been weakening, due to their respective weakening economies, which makes the dollar appear to be strengthening. Just my very small penny’s worth.

[Arraya]

Here is one guys take on the dollar.

Dollar Death Dance

http://www.contraryinvestorscafe.com/broadcast.php?media=143

[Arraya]

Here is one guys take on the dollar.

Dollar Death Dance

http://www.contraryinvestorscafe.com/broadcast.php?media=143

[Arraya]

Here is one guys take on the dollar.

Dollar Death Dance

http://www.contraryinvestorscafe.com/broadcast.php?media=143

[Arraya]

Here is one guys take on the dollar.

Dollar Death Dance

http://www.contraryinvestorscafe.com/broadcast.php?media=143

[Author]

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