How Can the Dollar Rally As Oil Soars? [View article]
Jim: I am lying on the beach--in the Florida Keys--all sunny and warm. But that is based on past predictions, not present. Present is: Our debt far out paces our ability to ever repay, even with deliberately depreciated dollars. The number of fiat dollars in circulation has not the remotest linkage to our gold holdings, natural assets, GDP, or even Gods blessings for being a good people.
The almighty dollar is doomed, rosy talk by Hank & Ben notwithstanding.
The patient has a terminal illness and the Rx to date has been the infusion of more fiat dollars, tantamount to yesterdays piling on of more Leeches as the patients Blood Pressure drops.
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Jim: I am lying on the beach--in the Florida Keys--all sunny and warm.
Jul 25 18:39 pm
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All Comments by CaptBob »How Can the Dollar Rally As Oil Soars? [View article]
But that is based on past predictions, not present.
Present is: Our debt far out paces our ability to ever repay, even with deliberately depreciated dollars.
The number of fiat dollars in circulation has not the remotest linkage to our gold holdings, natural assets, GDP, or even Gods blessings for being a good people.
The almighty dollar is doomed, rosy talk by Hank & Ben notwithstanding.
The patient has a terminal illness and the Rx to date has been the infusion of more fiat dollars, tantamount to yesterdays piling on of more Leeches as the patients Blood Pressure drops.