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Good as GOLD. Some thoughts to ponder...
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<p>[QUOTE="Rono, post: 789247, member: 6492"]Hi folks,</p><p> </p><p>They're trying to keep the tire inflated even though it has a few leaks by pumping air into it fullforce. Ok, perhaps not full force, but dropping dollars from bombers, keeping interest rates at zero and a fiscal stimulus package of $1T, together is fairly substantial. The nut is - will it last long enough for the private sector to pick up the slack? And that's not with stock price or profits - that's with sales and job creation.</p><p> </p><p>Whilst this is going on, they know they've got to devalue the currency but are trying to do it slowly and gradually and everyone agrees. Hell, our debtors don't want to see a dollar crash because it's not in their best interest. They'll hide as much as possible with smoke, mirrors, spin and a lot of interesting bookkeeping tricks. But I honestly feel that many of them are trying to do the job. However, en masse, congress and the elected politicians are kicking the can down the road. This is what will screw us and spell the death of the dollar. </p><p> </p><p>It won't die with a bang but a whimper.</p><p> </p><p>peace,</p><p> </p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 789247, member: 6492"]Hi folks, They're trying to keep the tire inflated even though it has a few leaks by pumping air into it fullforce. Ok, perhaps not full force, but dropping dollars from bombers, keeping interest rates at zero and a fiscal stimulus package of $1T, together is fairly substantial. The nut is - will it last long enough for the private sector to pick up the slack? And that's not with stock price or profits - that's with sales and job creation. Whilst this is going on, they know they've got to devalue the currency but are trying to do it slowly and gradually and everyone agrees. Hell, our debtors don't want to see a dollar crash because it's not in their best interest. They'll hide as much as possible with smoke, mirrors, spin and a lot of interesting bookkeeping tricks. But I honestly feel that many of them are trying to do the job. However, en masse, congress and the elected politicians are kicking the can down the road. This is what will screw us and spell the death of the dollar. It won't die with a bang but a whimper. peace, rono[/QUOTE]
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