The End of Dollar Hegemony

[drunkle]

the rankings are from the national journal. it’s supposed to be bi-weekly, and correct me if i’m stupid, but doesn’t that mean 2 times a week… either way, the date on that ranking list is more than 2 weeks old.

Giuliani as front runner… and obama has a funny name. once upon a time, an italian would have no chance…

air america supports ron paul. dig it.

[drunkle]

the rankings are from the national journal. it’s supposed to be bi-weekly, and correct me if i’m stupid, but doesn’t that mean 2 times a week… either way, the date on that ranking list is more than 2 weeks old.

Giuliani as front runner… and obama has a funny name. once upon a time, an italian would have no chance…

air america supports ron paul. dig it.

[PerryChase]

Below is an article that jg might have written on the US economy. The author makes some very good points.

http://www.marketoracle.co.uk/Article1204.html?

” If we eliminate the “frothy” exuberance of America’s trade deficit, then the stock market would be sucking air through a tube right now. And, you can bet that as soon as our foreign creditors wise-up and start raising interest rates the Dow Jones will quickly become the Dow Doldrums and the economy will nosedive into a 1929-type Depression. ”

[PerryChase]

Below is an article that jg might have written on the US economy. The author makes some very good points.

http://www.marketoracle.co.uk/Article1204.html?

” If we eliminate the “frothy” exuberance of America’s trade deficit, then the stock market would be sucking air through a tube right now. And, you can bet that as soon as our foreign creditors wise-up and start raising interest rates the Dow Jones will quickly become the Dow Doldrums and the economy will nosedive into a 1929-type Depression. ”

[Ash Housewares]

Damn, that article was a downer. The thing I don’t understand is where all the money goes when the markets crash. They say other countries have been running their printing presses just as much as we have, to keep their money from appreciating against the dollar. With all that money in circulation, from all over the world, aren’t asset prices permanently inflated to reflect all the new money? The money can’t just disappear of the face of the earth- it has to go somewhere- so there should be some sort of support for asset prices. Can someone explain this?

[Ash Housewares]

Damn, that article was a downer. The thing I don’t understand is where all the money goes when the markets crash. They say other countries have been running their printing presses just as much as we have, to keep their money from appreciating against the dollar. With all that money in circulation, from all over the world, aren’t asset prices permanently inflated to reflect all the new money? The money can’t just disappear of the face of the earth- it has to go somewhere- so there should be some sort of support for asset prices. Can someone explain this?

[NotCranky]

I am more or less center not loyal one iota to a party. I like him,Ron Paul on Foriegn policy and monetary policy concerns which perhaps not that many average Americans tune in and study deeply. His views on the Iraq war could playout big but as some have already posted he will be shot down for being “unpatriotic” and “not supportive enough of the troups” compared to the rest.He will be painted in the media as being weaker than the man or woman we need in case we really do have to “defend our way of life” which I always interpret to mean wealth, against Iran or others.Again I like him for some things better than I am going to like anyone else.

But he seems like a dyed in the wool republican on the other issues like immigration, guns, race which are the ones that are going to play out along with other similiar topics as the election cycle goes on and for better of for worse, do matter to me too and I sympathize with the liberals on these.

Some of his tax/spending ideas sound pretty unrealistic…good to hear but never going to happen and I think he loses credibility left and right if he stresses them to a nation wide audiences. IMO

My two cents..I don’t think he can win or even be a front runner very deep into the campaigns. He might work as a good lure to get people to look at the republicans for a while.Before Conchos good old boy comes to the forefront.

[NotCranky]

I am more or less center not loyal one iota to a party. I like him,Ron Paul on Foriegn policy and monetary policy concerns which perhaps not that many average Americans tune in and study deeply. His views on the Iraq war could playout big but as some have already posted he will be shot down for being “unpatriotic” and “not supportive enough of the troups” compared to the rest.He will be painted in the media as being weaker than the man or woman we need in case we really do have to “defend our way of life” which I always interpret to mean wealth, against Iran or others.Again I like him for some things better than I am going to like anyone else.

But he seems like a dyed in the wool republican on the other issues like immigration, guns, race which are the ones that are going to play out along with other similiar topics as the election cycle goes on and for better of for worse, do matter to me too and I sympathize with the liberals on these.

Some of his tax/spending ideas sound pretty unrealistic…good to hear but never going to happen and I think he loses credibility left and right if he stresses them to a nation wide audiences. IMO

My two cents..I don’t think he can win or even be a front runner very deep into the campaigns. He might work as a good lure to get people to look at the republicans for a while.Before Conchos good old boy comes to the forefront.

[kewp]

The money can’t just disappear of the face of the earth- it has to go somewhere- so there should be some sort of support for asset prices.

It sure can, especially if it wasn’t there in the first place!

Think of it like a new credit card with a 10k credit line. You are happily charging away one day when the creditor suddenly lowers your limit to 5k and raises your interest. From your perspective that 5k of credit did ‘disappear’ and your spending is now severely limited.

Or consider someone holding a supposed 600k house that they can only sell for 400k. Where did the extra 200k go? Same place it came from, thin air.

[kewp]

The money can’t just disappear of the face of the earth- it has to go somewhere- so there should be some sort of support for asset prices.

It sure can, especially if it wasn’t there in the first place!

Think of it like a new credit card with a 10k credit line. You are happily charging away one day when the creditor suddenly lowers your limit to 5k and raises your interest. From your perspective that 5k of credit did ‘disappear’ and your spending is now severely limited.

Or consider someone holding a supposed 600k house that they can only sell for 400k. Where did the extra 200k go? Same place it came from, thin air.

[PerryChase]

Like kewp said, much of the money is wealth creation rather than currency in circulation. When the economy crashes, well of course, that wealth goes to heaven (don’t remember who said this first).

[PerryChase]

Like kewp said, much of the money is wealth creation rather than currency in circulation. When the economy crashes, well of course, that wealth goes to heaven (don’t remember who said this first).

[Author]

Posts