Saturday, August 1, 2015
Thursday, July 30, 2015
Venezuela being forced to sell off long term
https://www.yahoo.com/news/venezuela-risky-financial-acrobatics-raise-hard-currency-022525771.html
Assets to satisfy short-term debt issues. I wonder if there isn't a better way to structure their currency that might allow short term liquidity without long term losses.
'Earth is their vault'.
Assets to satisfy short-term debt issues. I wonder if there isn't a better way to structure their currency that might allow short term liquidity without long term losses.
'Earth is their vault'.
Wednesday, July 29, 2015
Currency wars - prognosis of the USD
Reading this interesting comparison between Iceland and Ireland, it can be understood that each currency is a microcosm used to determine outcome and adjust strategy accordingly. (Scotland cutting off the Queen was a significant event.)
The USD is King of the currencies and is under attack from all sides.
Prognosis
If the USD is engineered into hyperinflation (as it appears it is poised to), the US population is heavily armed and will need to fight for food or water. This will position the population against its own military and police force (as has been seen). With large casualties, the "winners" can walk into the US with few casualties of their own.
Solutions
- restore trust in the accounting
- restore trust in the data security
- stock exchanges in 50 states distributes capital much more effectively
Tuesday, July 28, 2015
Is this the beginning of the great hyper inflation?
Prices have gone to rents. As rent is a long term contract, that is a floor providing the upward spiral. https://www.yahoo.com/finance/news/rents-haircuts-americans-start-feel-165500571.html
Adding some thoughts:
Rent is a long-term contract, so when that goes up, it affects the CPI permanently.
Wages are a long-term contract, so when that goes to $15/hour, it affects the CPI permanently.
The stage has been set for a hyper-inflationary upward spiral. I do not think the Fed can stop it, despite their enormous creativity.
FYI, I think the gold market's recent turmoil is due to a difference between paper and physical. Note Bullion Direct's recent bankruptcy.
Adding some thoughts:
Rent is a long-term contract, so when that goes up, it affects the CPI permanently.
Wages are a long-term contract, so when that goes to $15/hour, it affects the CPI permanently.
The stage has been set for a hyper-inflationary upward spiral. I do not think the Fed can stop it, despite their enormous creativity.
FYI, I think the gold market's recent turmoil is due to a difference between paper and physical. Note Bullion Direct's recent bankruptcy.
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