Forum Replies Created
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cr
ParticipantWhat I read says as you stated the demand for dollars is only the rush for liquidity since the dollar is the world reserve currency.
This is obviously temporary, and doesn’t directly mean prices will fall under Rich’s definition of inflation/deflation that a dollar buys less/more than it did compared to a previous time.
The bigger fears I think are if the world cashes in their dollars for their own currency, and the US dollar is replaced by the Euro as the reserve currency.
This “tsunami” I see threatening when that happens at the same time as our Government’s reckless printing to stop the bleeding hits full force to the tune of several trillion dollars.
At that time the Fed will be forced to raise rates, and the question will be is it too late.
cr
ParticipantWhat I read says as you stated the demand for dollars is only the rush for liquidity since the dollar is the world reserve currency.
This is obviously temporary, and doesn’t directly mean prices will fall under Rich’s definition of inflation/deflation that a dollar buys less/more than it did compared to a previous time.
The bigger fears I think are if the world cashes in their dollars for their own currency, and the US dollar is replaced by the Euro as the reserve currency.
This “tsunami” I see threatening when that happens at the same time as our Government’s reckless printing to stop the bleeding hits full force to the tune of several trillion dollars.
At that time the Fed will be forced to raise rates, and the question will be is it too late.
cr
ParticipantWhat I read says as you stated the demand for dollars is only the rush for liquidity since the dollar is the world reserve currency.
This is obviously temporary, and doesn’t directly mean prices will fall under Rich’s definition of inflation/deflation that a dollar buys less/more than it did compared to a previous time.
The bigger fears I think are if the world cashes in their dollars for their own currency, and the US dollar is replaced by the Euro as the reserve currency.
This “tsunami” I see threatening when that happens at the same time as our Government’s reckless printing to stop the bleeding hits full force to the tune of several trillion dollars.
At that time the Fed will be forced to raise rates, and the question will be is it too late.
cr
ParticipantWhat I read says as you stated the demand for dollars is only the rush for liquidity since the dollar is the world reserve currency.
This is obviously temporary, and doesn’t directly mean prices will fall under Rich’s definition of inflation/deflation that a dollar buys less/more than it did compared to a previous time.
The bigger fears I think are if the world cashes in their dollars for their own currency, and the US dollar is replaced by the Euro as the reserve currency.
This “tsunami” I see threatening when that happens at the same time as our Government’s reckless printing to stop the bleeding hits full force to the tune of several trillion dollars.
At that time the Fed will be forced to raise rates, and the question will be is it too late.
cr
ParticipantIt’s such a patehetic and shortsighted attempt and nothing short of socialism.
The message is go buy your dream house, default and, yes, wait for that letter to reduce your payments to 38% of your income. Apparently you can buy any value house you want, and even your income really doesn’t matter.
Look for fraud to run rampant.
cr
ParticipantIt’s such a patehetic and shortsighted attempt and nothing short of socialism.
The message is go buy your dream house, default and, yes, wait for that letter to reduce your payments to 38% of your income. Apparently you can buy any value house you want, and even your income really doesn’t matter.
Look for fraud to run rampant.
cr
ParticipantIt’s such a patehetic and shortsighted attempt and nothing short of socialism.
The message is go buy your dream house, default and, yes, wait for that letter to reduce your payments to 38% of your income. Apparently you can buy any value house you want, and even your income really doesn’t matter.
Look for fraud to run rampant.
cr
ParticipantIt’s such a patehetic and shortsighted attempt and nothing short of socialism.
The message is go buy your dream house, default and, yes, wait for that letter to reduce your payments to 38% of your income. Apparently you can buy any value house you want, and even your income really doesn’t matter.
Look for fraud to run rampant.
cr
ParticipantIt’s such a patehetic and shortsighted attempt and nothing short of socialism.
The message is go buy your dream house, default and, yes, wait for that letter to reduce your payments to 38% of your income. Apparently you can buy any value house you want, and even your income really doesn’t matter.
Look for fraud to run rampant.
October 22, 2008 at 10:22 AM in reply to: Off Topic Barney Frank on spending. “Plenty of rich people we can tax” #291127cr
ParticipantHere’s a ridiculous idea: the Government should actually have to cut spending to make thier out-go smaller than their in-come.
It doesn’t matter who pays more taxes, it won’t solve the fundamental problem that our Government can’t manage a budget.
If they tax more, they’ll just spend more. If they tax less, they’ll spend more. See the problem?
October 22, 2008 at 10:22 AM in reply to: Off Topic Barney Frank on spending. “Plenty of rich people we can tax” #291444cr
ParticipantHere’s a ridiculous idea: the Government should actually have to cut spending to make thier out-go smaller than their in-come.
It doesn’t matter who pays more taxes, it won’t solve the fundamental problem that our Government can’t manage a budget.
If they tax more, they’ll just spend more. If they tax less, they’ll spend more. See the problem?
October 22, 2008 at 10:22 AM in reply to: Off Topic Barney Frank on spending. “Plenty of rich people we can tax” #291478cr
ParticipantHere’s a ridiculous idea: the Government should actually have to cut spending to make thier out-go smaller than their in-come.
It doesn’t matter who pays more taxes, it won’t solve the fundamental problem that our Government can’t manage a budget.
If they tax more, they’ll just spend more. If they tax less, they’ll spend more. See the problem?
October 22, 2008 at 10:22 AM in reply to: Off Topic Barney Frank on spending. “Plenty of rich people we can tax” #291483cr
ParticipantHere’s a ridiculous idea: the Government should actually have to cut spending to make thier out-go smaller than their in-come.
It doesn’t matter who pays more taxes, it won’t solve the fundamental problem that our Government can’t manage a budget.
If they tax more, they’ll just spend more. If they tax less, they’ll spend more. See the problem?
October 22, 2008 at 10:22 AM in reply to: Off Topic Barney Frank on spending. “Plenty of rich people we can tax” #291520cr
ParticipantHere’s a ridiculous idea: the Government should actually have to cut spending to make thier out-go smaller than their in-come.
It doesn’t matter who pays more taxes, it won’t solve the fundamental problem that our Government can’t manage a budget.
If they tax more, they’ll just spend more. If they tax less, they’ll spend more. See the problem?
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