Too late. They needed this change 30 years ago. :D
The Chinese Communist Party leadership knows that the yuan can NEVER be a reserve currency as long as they don't respect private property rights,...
I remember the 1980's vividly....rates finally started to come down in 1985 and 1986.
Understood....I would just say that foreign holders can NOT just dump their Treasury holdings. Their currencies would appreciate and they'd kill...
Understood....but I think this debate is more economic and monetary than political.
Very few individuals or institutions held their Treasury positions when bond prices bottomed. China didn't have sufficient reserves until about 2000.
Not necessarily, as the U.S. dollar is the global reserve currency. Google "exhorbitant privilege". :D
The Fed sets SHORT-TERM rates...not long-term rates. Those are set by inflation. Were you around in the 1970's ? The Fed refused to get ahead...
The Fed is not in charge of the NASDAQ, it's in charge of the economy and inflation. Lots of savers will be very happy in 3 months when money...
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He says later on (I truncated the section) that you see SOME luster on the devices but not as much on the fields. Remember, the section on luster...
Well, it's from his book so I assume he agrees with it. No reason not to. Insider, do you agree in whole or in part with what I quoted in Post #66 ?
I don't know where the next $200 is on gold, up or down. But I'm pretty sure the next $1,000 is UP. The cryptos have been a disaster, including...
Yeah, the Fed doesn't care about inflation....that's why they're hiking Fed Funds to 2.50-3.00% and taking on a recession to kill inflation....
While we wait for the final results, am I correct that 30-40 years ago a coin like this would sell at a huge DISCOUNT to one without...
I meant to say....I'm an expert who should be within 10% of the final price.:D
$750 ? Maybe $1,000 ? I have no idea what this coin or similar ones have gone for recently.
I've bought a few coins from DLRC, lower-priced. You have some nice stuff and when I'm back to working FT I hope to grab a few.
I skimmed it, will re-read it, thanks Eddie. It was somewhat complicated, at least to this novice.
Seems about right. There's another for sale on GC.... NGC MS65 Wire Rim....asking $45,000...no bidders yet, 11 days left. Could it be DLRC...
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