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User Info Fekete - Inflation and deflation all at the same time?; entered at 2007-12-01 15:40:04
Cynic
Posts: 761
Registered: 2007-07-03 Rainy old England
Nothing said: "I sell 100 Troy Oz contracts on the Comex, that I fill, at the price of derivative gold, at the time of contract expiration."

I sure hope you are right. You must be mega leveraged.

Nothing said: "The last time there was serious attempt to end run the debt merchants (Bankers), by printing money, was the Weimar Republic...the Bankers said;"**** You, you're not devaluing our debt and money"...they cut off debt origination, external trade, and all debt redemptions immediately...the hyperinflation collapsed in 7 months, debt and money was reset, and every one inside Germany were back where they were before the "printing" started"

One question, if I may. Why does hyperinflation happen though if it is so easy for the banks to put a stop to it. I mean why haven't the banks stopped it in Zimbabwe or in Serbia in the 80's.

What happens if the tax revenues are down and the government has to meet its expenditures. Every time they cut a cheque spending money they did not collect does that not devalue (inflate) the existing dollars? Why would they not do this if they have no other way of raising money (foreigners will not buy TBills and US citizens haven't got the money anymore)?




2007-12-01 15:40:04