![]() ![]() ![]() ![]() ![]() |
|
|
|
Detailed market commentary at The Market Ticker and Ticker Classics
(The Year 2011 In Review) Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here. BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda) RSS available
|
||
| MarketTicker Forums Single Post Display (Show in context) |
User: Not logged on
|
| Top | Login | Control Panel | FAQ | Register | Logout |
| User Info | Oh Do Come On Friday; entered at 2007-12-01 19:42:29 | |||
|
Jkilkelly Posts: 1559 Registered: 2007-07-20 Mercer Island WA
|
If cash is so tight and unavailable, how do you explain that over 70% of the currency reserves in the world consists of US Dollars when we represent only approx 25% of world GDP? And is it possible that cash infusions will come from sovereign funds that have every incentive to keep us propped up and to avoid a depression? Why wouldnt our Government just inflate our economy by borrowing funds no matter what they needed to pay in interest? Wouldnt that be inflationary and dollar bearish? If so, guess what happens to PM's. You refuse to factor in a number of near term moves that the Govt will undertake to avoid a deflationary scenario. Exactly why? Do you think the Arabs want to see us spiral down? Not only do they count on our oil consumption but they hold massive amounts of dollars and US securities (bonds/equity). Same for the Asians. They have too much at risk to not assist in the reflation efforts. Why do you refuse to see that?
2007-12-01 19:42:29
| |||