That Sept. 10th stuff is very scary. WTF has happened here!!!

Very good explanation of inflation of the money supply and sounding a reminder of the the amount of money that our country has wasted and lost during this boondoggle in Iraq....but...The producers of this video had another intent. They set out to quickly slip in conspiratorial theory about 911. This is an attempt to tie our economic problems to the 911 attack. Its shameful and totally bogus to try and paint this conspiracy.

What i don't get is how is the dollar gaining strength these past couple of weeks and how our we keeping interest rates so low?????????????????????????

Machiavelli Wrote:What i don't get is how is the dollar gaining strength these past couple of weeks and how our we keeping interest rates so low?????????????????????????

The bubble is being inflated. We're pushing off immediate correct at the expense of the eventual correction being deeper and longer.

Oh FFS.

Machiavelli Wrote:What i don't get is how is the dollar gaining strength these past couple of weeks and how our we keeping interest rates so low?????????????????????????

Because the euro is tanking with its own bank failures. The yen isn't doing so hot either.

Because the euro is tanking with its own bank failures. The yen isn't doing so hot either.


I can't believe I'm typing this but it could be brilliant. We inflate our debt.... pay it off. Then buy our paper back. All we have to do is tax oil to balance the budget. The game will be up when the world doesn't have to use our currency, but I see no other alternatives right now. It's good to be the King. We are taxing everybody who holds our currency. What am I missing?

The gig's up when they stop financing our debt and if they do. Then we just print off 9 trillion. We just need to balance the budget.

We kind of hold the cards don't we. What a revelation.

Machiavelli Wrote:Because the euro is tanking with its own bank failures. The yen isn't doing so hot either.


I can't believe I'm typing this but it could be brilliant. We inflate our debt.... pay it off. Then buy our paper back. All we have to do is tax oil to balance the budget. The game will be up when the world doesn't have to use our currency, but I see no other alternatives right now. It's good to be the King. We are taxing everybody who holds our currency. What am I missing?

Of course...inflation is a tax on every dollar held...it does not matter where.....We could just decide to announce that we are NOT going to pay back any foreign debt. What the hell could anyone do?
It would eliminate us from being able to finance future wars though...since no country would lend us $hit again.