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- Thread starter werner
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supersunbird
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Moederloos
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So, the Feds are now effectively going to print money at a rate sufficient to stop the economic collapse.
Sounds like our mad friend up north.
Sounds like our mad friend up north.
rwenzori
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Mila
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WTF? It's still the United States of Bush...
+100
Until next year atleast.... Then for 4 more years clearing his doodoo, after that we will see what Barak is made of.
Quantitative easing? They've already started it IIRC. Looks like the US is the new Japan.
Somehow I think worse.
Remember the Japanese had "jobs for life" before the crash at the end of their bubble, no more.
As some one said above, any other silver bullets except for helicopter Ben's printing press??
I can personally think of none.
The Japanese had a saving ratio of???
Surely 10 - 20 x better that the Septics do now.
Gonna be interesting.
Somehow I think worse.
Remember the Japanese had "jobs for life" before the crash at the end of their bubble, no more.
As some one said above, any other silver bullets except for helicopter Ben's printing press??
I can personally think of none.
The Japanese had a saving ratio of???
Surely 10 - 20 x better that the Septics do now.
Gonna be interesting.
True, at least the Japanese went into it with a trade surplus as well. The only advantage the US has is to be able to print the world's reserve currency. But for how long will it remain that?
It won't be hard to generate inflation, even Mugabe manages it! Bringing it back under control afterwards might be more of a challenge though. A bit too interesting.
True, at least the Japanese went into it with a trade surplus as well. The only advantage the US has is to be able to print the world's reserve currency. But for how long will it remain that?
It won't be hard to generate inflation, even Mugabe manages it! Bringing it back under control afterwards might be more of a challenge though. A bit too interesting.
Too true with the surplus, and they still have it, propping up the USD
What that FIAT currency???
With their gold standard.... oops, guess they ditched that too...
Deflation, then massive inflation???
What's the next reserve currency?
GBP, nah bankrupt, Euro???
Yuan?? Dinar?? Hell might as well be the ZAR
Too true with the surplus, and they still have it, propping up the USD
What that FIAT currency???
With their gold standard.... oops, guess they ditched that too...
Deflation, then massive inflation???
What's the next reserve currency?
GBP, nah bankrupt, Euro???
Yuan?? Dinar?? Hell might as well be the ZAR
Icelandic Krona?
They'll probably avoid deflation, he's not called helicopter Ben for nothing, but it might be hard to get inflation back under control, right now they're probably trying to raise inflation expectations anyway.I guess the Euro for now, maybe in 20 years the RMB.
LOL
Krona probably the best he he. Already take the hit eh?
****, that's go me giggling
Has to be deflation, look at cars/houses/most other asset classed over there, gone/going into free fall.
Crumbs I just seen it here, tried to sell a really good car at trade to buy a different class of car, market totally dead.
There after fiat become worthless, inflation.
Guess we better hang on for a while, but the sun always shines again.
Krona probably the best he he. Already take the hit eh?
****, that's go me giggling
Has to be deflation, look at cars/houses/most other asset classed over there, gone/going into free fall.
Crumbs I just seen it here, tried to sell a really good car at trade to buy a different class of car, market totally dead.
There after fiat become worthless, inflation.
Guess we better hang on for a while, but the sun always shines again.
LOL
Krona probably the best he he. Already take the hit eh?
****, that's go me giggling
Has to be deflation, look at cars/houses/most other asset classed over there, gone/going into free fall.
Crumbs I just seen it here, tried to sell a really good car at trade to buy a different class of car, market totally dead.
There after fiat become worthless, inflation.
Guess we better hang on for a while, but the sun always shines again.
The Krona can only go up.
That's exactly why they need to avoid deflation though, people are so indebted and companies are so leveraged that deflation and the increasing real value of their debt would kill them. At least inflation would decrease its value, not great for the creditors and those who actually saved but overall it might not be bad. House prices there probably need to fall, though at least with inflation they could stay the same in nominal terms and avoid all the negative equity problems.
Love the Krona stuff mate, grinning ear to ear. Needed that after a bad day
Agreed on need for inflation, but the dreaded D word is already here. Look at any asset class bar Gold/Silver. This will come into clear view in Jan after everyone is finished "celebrating"
Will be short term, then I think helicopter B will bring out the Bambi buckets are release the presses.
Time to short the USD...
Agreed on need for inflation, but the dreaded D word is already here. Look at any asset class bar Gold/Silver. This will come into clear view in Jan after everyone is finished "celebrating"
Will be short term, then I think helicopter B will bring out the Bambi buckets are release the presses.
Time to short the USD...
Love the Krona stuff mate, grinning ear to ear. Needed that after a bad day
Agreed on need for inflation, but the dreaded D word is already here. Look at any asset class bar Gold/Silver. This will come into clear view in Jan after everyone is finished "celebrating"
Will be short term, then I think helicopter B will bring out the Bambi buckets are release the presses.
Time to short the USD...
Either that or the Zim$, Mugabe seems to have discovered the virtues of quantitative easing a few years before everyone else.
Definitely only short term, they'll stop it from going any further. If they push through massive fiscal stimulus it might help too.
Looks like the USD's already falling.
Either that or the Zim$, Mugabe seems to have discovered the virtues of quantitative easing a few years before everyone else.
Definitely only short term, they'll stop it from going any further. If they push through massive fiscal stimulus it might help too.
Looks like the USD's already falling.
Nice link, thanks, bookmarked that one.
Weren't we gaping when it it hit Yen 110?? Se the latest on the Euro as well.
Financial stimulus??? Is that helicopter B's plan??
Could be fun
Thanks Syndyre, you have educated and entertained me at the same time tonight, many thanks to you Sir.
(loved the Krona, still smiling)
Nice link, thanks, bookmarked that one.
Weren't we gaping when it it hit Yen 110?? Se the latest on the Euro as well.
Financial stimulus??? Is that helicopter B's plan??
Could be fun
Thanks Syndyre, you have educated and entertained me at the same time tonight, many thanks to you Sir.
(loved the Krona, still smiling)
Read a suggestion somewhere that rather than the helicopter idea they should just legalise monopoly money.
Could be even more interesting. Thanks, same to you, its been an entertaining thread.
Read a suggestion somewhere that rather than the helicopter idea they should just legalise monopoly money.
Thanks, same to you, its been an entertaining thread.
LMFAA
:I got plenty of that money, maybe I'm rich now??
At least I would trust your answer over H Ben.
LMFAA
I got plenty of that money, maybe I'm rich now??
At least I would trust your answer over H Ben.
Maybe soon we'll be playing monopoly with USD's.
True, at least the Japanese went into it with a trade surplus as well. The only advantage the US has is to be able to print the world's reserve currency. But for how long will it remain that?
It won't be hard to generate inflation, even Mugabe manages it! Bringing it back under control afterwards might be more of a challenge though. A bit too interesting.
US economy is heading into deflation, like the Japanese economy has been for many years.
US economy will remain no 1. Don't worrry kids. Europe is in a worse economic crisis (of its own--nothing to do with the US one), China is facing slow downs and therefore instability and has a demographically ageing population, oil producers are bankrrupt (outside of the Emirates, Kuwait and Saudi Arabia) and Japan has been in a recession for many years now with an ageing population and a national debt of 180% of GDP. The Saudis, China (1.9 Trillion) and Japan (1 Trillion) hold massive amounts of USD reserves and don't want the USD to tumble either. So while everyone will deteriorate, the US with stable fundamentals, massive country with excellent infrastructure, increasing population, safe geopolitics and command and control of the seas and air will continue to have the No 1 economy.
Meanwhile China has lost it's appeal to the WTO over car part import tariffs. Looks like things will get even tougher for that favourite darling of all US-haters, China.
http://www.business-standard.com/in...o-gainwtos-ruling-against-china/01/01/343596/
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