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The coming collapse of the US dollar Archived From: Finance

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Anger will not help win arguments. Anger will in fact help lose arguments, as anger stops the brain, and also most people think "strong words indicate a weak cause".

Whatever "side" you are on: If you have been attacked personally first by the other side, show that you are the more mature one by refraining from hitting back. Remember that man does not bark back at barking dogs. [I am not calling anyone a dog or insulting anyone in any way; just encouraging peace].

Also remember there is only one side here: the FWF side.

Anakin


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alchemize said:agentpt5 said:alchemize said:agentpt5 said:I see that all the xenophobic morons are out in full force on this thread. I don't think I need to add anything. Republicans and their fascist polices have damaged America forever. Buy gold. Inflation will continue.One red because I can only give one. Take it to democratic underground or somewhere that wants to hear your politics. Last time I checked, the "Democrats and their communist polices <sic>" helped create social security and medicare/medicaid, of which the unfunded debt potential is staggering. 10 trillion for SS and 38 trillion for Medicare.

See, another Republican get very angry because his belief system is being challenged. Time to name call and shit on the speaker, so he can feel better about himself.

I suggest readers of this thread read up on the subject of psychology. It will help your tradings and investments.
Perhaps you should check into the psychological concept of "projection" and "egoism", by your ASSumption that I'm republican simply because I call someone out on their logic.


Didn't you write "Democrats and their communists"? And my logic is that Buy Gold because inflation will continue. I did not note your arguing any logic. Are you applying "projection" and "egoism" yourself?


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agentpt5 said:alchemize said:agentpt5 said:alchemize said:agentpt5 said:I see that all the xenophobic morons are out in full force on this thread. I don't think I need to add anything. Republicans and their fascist polices have damaged America forever. Buy gold. Inflation will continue.One red because I can only give one. Take it to democratic underground or somewhere that wants to hear your politics. Last time I checked, the "Democrats and their communist polices <sic>" helped create social security and medicare/medicaid, of which the unfunded debt potential is staggering. 10 trillion for SS and 38 trillion for Medicare.

See, another Republican get very angry because his belief system is being challenged. Time to name call and shit on the speaker, so he can feel better about himself.

I suggest readers of this thread read up on the subject of psychology. It will help your tradings and investments.
Perhaps you should check into the psychological concept of "projection" and "egoism", by your ASSumption that I'm republican simply because I call someone out on their logic.


Didn't you write "Democrats and their communists"? And my logic is that Buy Gold because inflation will continue. I did not note your arguing any logic. Are you applying "projection" and "egoism" yourself?
I was making fun of you, einstein. Just like I'd make fun of some Rush Limbaugh type telling us that liberals have ruined America.


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alchemize said:I was making fun of you, einstein. Just like I'd make fun of some Rush Limbaugh type telling us that liberals have ruined America.

i am OK with comedy.


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anakinskywalker said:Three questions:

1. Do you always believe anything anybody says in a press release?
Do you always believe everything you read in a chicken-little op ed? The article posted by the OP didn't bother trying to explain why it was significant that the M3 figures are no longer published - it simply stated that they were discontinued and then relied on the fact that most people have no freeking clue what the M3 figures are and would draw their own scary conclusions. It turns out that there are quite a few people who happen to know what they are talking about that published a couple of pretty good reasons why they were discontinued. Disagree? Explain how M3 figures had been playing a significant role in monetary policy, and how the M2 was insufficient. Simply pointing out the the M3 numbers aren't published is meaningless.
2. Is it irrational to draw attention to the fact that other economies are starting to lose faith in US Dollar? How long do you think the Dollar will remain international reserve currency if it consistently loses value?Is it irrational to point out that the economies in question have an enormous amount of vested interest in the value of the dollar, and are not going to shoot themselves in the foot by instigating the devaluing of their own investment?
3. Perhaps you are right that the Euro is in no better shape that the US in terms of deficits etc. But the Euro is not the only competition the USD has to face to remain reserve currency. If other economies lose faith in the USD's ability to retain its value, they might prefer to trade in gold. Like they used to do before the US got everybody else to put their trust in the US Dollar. Is it irrational to ask that that trust not be taken for granted?I highly doubt that any country would be stupid enough to trade in gold, essentially placing the trust of their future currency and economic growth into the hands of a handful of gold-producing countries. The one economic force that is more devastating than inflation is deflation, which would cause consumers to stop spending, producers to stop producing, and borrowers to stop borrowing. If you are in a currency-limited economy, that's exactly whats going to happen.


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