Paper "AMERO" will replace the dollar by spring!? - page 25
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
And someoneneeds realthings (means of production, real estate?), not banknotes...
The saddest thing is that these real things, for the most part, will go to those who are now mindlessly printing these bills... Paradox blah blah blah.
The saddest thing is that these real things, for the most part, will go to those who are now mindlessly printing these bills.... The paradox of blah, blah, blah.
>> I had a conversation with someone on economic issues. The situation is sadder than the printing of banknotes.
The official announcement by B. Bernanke does not mean that the Fed has been running the printing press at full speed, but it does mean that it has been doing so for several decades. And they are admitting it only now.
The point is that when the Yanks admit anything officially, it's only to cover up another abomination. I mean, they've got something worse in store. And most likely that very something is Amero.
In fact, it turns out that nobody needs USD, not even the Fed. The usual regulators do not work:
1. If you raise the rate, the stock market will go down. If you lower it, the bond yields go to zero.
2. If you buy back bonds, you have to increase the already uncontrolled issue. If we don't buy them back, we default.
3. If you stop the machine, everything will stop, if you increase the turnover, the emissions will increase, the bubble will burst soon enough as it is.
In other words, the situation in the American economy is matte, no matter what figure you walk on, but the king is still under attack. There is no longer any cover. The worse thing is that the depreciation of the dollar will cause the entire US army, which is deployed practically all over the world in the form of bases and navy, to be without pay. And no government will support their stinking soldier on a voluntary basis. Their army is completely contract-based, that is, a mercenary will fulfil the terms of the contract only if he is sure that he will be paid as required. If all these marauders and thugs who were left with nothing and no hope for anything are deported back to the states by other states, then something would happen ...
The only way out is for the Fed to screw up the already wooden quid on its own for good. And then blame it on the central banks of other countries that they did not support the initiative and everything collapsed.
So, most likely, the quid machine has been stopped and dismantled for parts, and instead they started full-scale Amero printing. Which is why the Bernanke interviews and the seemingly inadequate Fed policies are so blatant.
Remember, why are the Americans in Iraq? Because Saddam gave up the dollar as a means of payment for oil...
I do not think the Amero will save them, it is the same as the other currency, one currency changes hands and the way out is fucked up, it makes me smile.
... said Kevin Giddis, managing director of fixed income at Morgan Keegan.
Free translation. ...
... said Kevin Giddis, managing director of grab-and-go trading tactics at Morgan Keegan.
It's a very loose translation, exactly the opposite. Fixed income is "buy and sit." Hence the following problems of understanding
Reshetov wrote >> 1. If you raise the rate, the stock market will go down. If we lower it, then bond yields will be zero.
The rate is not the only factor which affects the profitability of bonds. For example the credit rating is the level of trust in the security. If the yield on a bond is low, it means that the credibility of the issuer is very high. If there is no credibility, the bond's yield will be high at any rate. 30-40% per annum on junk bonds is normal.
The dollar is down 4% - what a shocker! Somewhere the local currency has fallen 40% and it's OK, you can still claim it as a reserve currency.
Now it's 1.35 for the euro - what a nightmare! But in December it was 1.45, in July 1.6. Why didn't they print the Amero then? Maybe it's just that the dollar has appreciated too much in recent months and it's time to return to the status quo?
We can argue endlessly about the monetary actions of the US authorities..., but I think we have to reason from natural causes: from the simple to the complex.
Suppose that the Americans do not share our hopes for the bending of everything and everyone in the USA and hope to reignite their "not weak" economy.
Rationally thinking (and we assume that they do not think less rationally than we do) come to the understanding that the main income of the American economy is services and technology (industry itself is directed mainly at domestic consumption), the so-called highly intelligent products, which in the last decade have been in relative decline due to the rapid growth of cheap production in Asia, ie technologically new things have become unprofitable compared to cheap but old in manufacturing. In short, there was a global crisis of overproduction as the root cause! And everything else, like the bursting of the credit and financial bubbles, is just a derivative.
And then what happens? And then a new wave-cycle of growth of technology and intelligent services begins; in this category also the very vital things such as ecological projects (fresh water, drought, sustainable mining) and demographic and energy projects come into play.
Naturally, that machine cannot be started up with a relatively strong dollar; what is needed is a weaker national money, which will increase the demand for US products and services and, on the one hand, reduce the national debt relative to GDP. Incidentally, in more recent history the West has spent at least the last 10 years asking China to increase the yuan to avoid an overproduction crisis (which does not mean that China is not the one to blame for the "drunkenness"). Now the balance is tending to return - Western currencies are falling and Asian currencies are rising.
So it seems quite rational that the U.S. will devalue the dollar and thus shake up production (which will now be qualitatively different, at least they will not make a lot of Hummers), and it is quite natural.
But wars, the end of epochs and geopolitical cataclysms are all for fatalists, they are happier than ever to be able to fantasize on that ground and take pleasure in the "depth" of their thought.
And wars (I mean the clash of interests) now take place in other dimensions, by completely different means, without the need to physically destroy the opponent.
In short, there has been a crisis of overproduction as the root cause! And everything else, like the credit and financial bubbles, are just derivatives of it.
And then what happens? And then a new wave-cycle of growth in technology and intelligent services begins;
that's right... but before this growth cycle, there will probably be another dive... and a big one, probably to the bottom...
that's right... But before this growth cycle, there's likely to be another dive... and it's going to be a big one, right down to the bottom...
>> Possibly. Crisis is like a fire in the forest, it destroys all diseases, or in our words: wrong stereotypes. And if there are still stubborn fatheads left, the market comes down so as to demolish this last stronghold of old stereotypes.
And wars (I mean the clash of interests) now take place in other dimensions, by completely different means, without the need to physically humiliate the opponent.
Golden words.
Everything else is right too. A strong national currency is not beneficial to any normal country.