zanardm

Why It's Time to Raze the Fed

Moving the Fed Reserve out of the political fishbowl, to other districts, like Midwest, where more conservative ways would restore convidence in a new, or additional currency, North American (N.A.) dollar. Issue at par for consumer; businesses can do accounting in any currency deemed acceptable. Let businesses and the consumer vote, in an operational way. Yes dual currencies in America; like Europe.

U.S. Dollar: Still No Good Alternative

Another currency for America?

An alternative to another world reserve currency, or in addition, would be to introduce a competitive currency for our debased D.C. dollar.
Is the Fed just debasing the currency? Is it time for dual currencies here in America? Perhaps a Fed Reserve West in the heartland, with a N.A. dollar (North American dollar), with tight bank management controls, good IT team, and transparency and accountability, especially when temptation (creating money) is at the door or window. Start the 2 currencies at par. Then let all Americans decide what currency they prefer in transactions, both personal and for business accounting. A more limited supply increases the value of any commodity, including a currency; hence protecting the value of a currency. There is too much money out there idling already; more geenbacks by the Fed is not the solution; too much debt is the problem. Debt city or deleveraging city (D.C.) what's the call - America?

Paul Volcker Sounds Off

Another currency for America?

An alternative to another world reserve currency, or in addition, would be to introduce a competitive currency for our debased D.C. dollar.
Is the Fed just debasing the currency? Is it time for dual currencies here in America? Perhaps a Fed Reserve West in the heartland, with a N.A. dollar (North American dollar), with tight bank management controls, good IT team, and transparency and accountability, especially when temptation (creating money) is at the door or window. Start the 2 currencies at par. Then let all Americans decide what currency they prefer in transactions, both personal and for business accounting. A more limited supply increases the value of any commodity, including a currency; hence protecting the value of a currency. There is too much money out there idling already; more geenbacks by the Fed is not the solution; too much debt is the problem. Debt city or deleveraging city (D.C.) what's the call - America?

The Dollar Is Dead

Europe has dual currencies; why not America? Let the currencies compete to see which one is perceived to be best managed and most valuable. Like any commodity, a more limited supply (i.e. monetary conservative) fosters enhanced value. In other words, let the market place decide. Of course, the portraits would be the same; and at the top of N.A. dollar, one would have Federal Reserve West note.

The Dollar Is Dead

Another currency for America?

An alternative to another world reserve currency, or in addition, would be to introduce a competitive currency for our debased D.C. dollar.
Is the Fed just debasing the currency? Is it time for dual currencies here in America? Perhaps a Fed Reserve West in the heartland, with a N.A. dollar (North American dollar), with tight bank management controls, good IT team, and transparency and accountability, especially when temptation (creating money) is at the door or window. Start the 2 currencies at par. Then let all Americans decide what currency they prefer in transactions, both personal and for business accounting. A more limited supply increases the value of any commodity, including a currency; hence protecting the value of a currency. There is too much money out there idling already; more geenbacks by the Fed is not the solution; too much debt is the problem. Debt city or deleveraging city (D.C.) what's the call - America?

Dollar Concerns Are Real

Europe has dual currencies; why not America? Let the currencies compete to see which one is perceived to be best managed and most valuable. Like any commodity, a more limited supply (i.e. monetary conservative) fosters enhanced value. In other words, let the market place decide. Of course, the portraits would be the same; and at the top of N.A. dollar, one would have Federal Reserve West note.

Dollar Concerns Are Real

Another currency for America?

An alternative to another world reserve currency, or in addition, would be to introduce a competitive currency for our debased D.C. dollar.
Is the Fed just debasing the currency? Is it time for dual currencies here in America? Perhaps a Fed Reserve West in the heartland, with a N.A. dollar (North American dollar), with tight bank management controls, good IT team, and transparency and accountability, especially when temptation (creating money) is at the door or window. Start the 2 currencies at par. Then let all Americans decide what currency they prefer in transactions, both personal and for business accounting. A more limited supply increases the value of any commodity, including a currency; hence protecting the value of a currency. There is too much money out there idling already; more geenbacks by the Fed is not the solution; too much debt is the problem. Debt city or deleveraging city (D.C.) what's the call - America?

What's Another $1.15 Trillion?

If 1 million people show up on the Mall with pails, waiting for a bailout; and if each gets a check for $1M, then this is what $1trillion looks like. But this is less than 1% of households. This shows how little $1 trillion is. So the Feds actions are in vain. A long time is necessary for confidence to return, per H. Greenberg, so i heard. So is the Fed just debasing the currency? Is it time for dual currencies here? Perhaps a Fed Reserve West in the heartland, with a N.A. dollar (North American dollar), with tight bank management controls, good IT team, and transparency and accountability, especially when temptation (creating money) is at the door or window. Start the 2 currencies at par. Then let all Americans decide what currency they prefer in transactions, both personal and for accounting. A more limited supply increases the value of any commodity, including a currency; hence protecting the value of a currency. There is too much money out there idling already; more geenbacks by the Fed is not the solution; too much debt is the problem. Debt city or deleveraging city (D.C.) what's the call - America?

Fed Tries Its Own Version of 'Shock and Awe'

If 1 million people show up on the Mall with pails, waiting for a bailout; and if each gets a check for $1M, then this is what $1trillion looks like. But this is less than 1% of households. This shows how little $1 trillion is. So the Feds actions are in vain. A long time is necessary for confidence to return, per H. Greenberg, so i heard. So is the Fed just debasing the currency? Is it time for dual currencies here? Perhaps a Fed Reserve West in the heartland, with a N.A. dollar (North American dollar), with tight bank management controls, good IT team, and transparency and accountability, especially when temptation (creating money) is at the door or window. Start the 2 currencies at par. Then let all Americans decide what currency they prefer in transactions, both personal and for accounting. A more limited supply increases the value of any commodity, including a currency; hence protecting the value of a currency. There is too much money out there idling already; more geenbacks by the Fed is not the solution; too much debt is the problem. Debt city or deleveraging city (D.C.) what's the call - America?

Depression? Recession? No, It's the Great Restructuring

Recession - a slowing down. Perhaps lifestyle also. A slower pace, like Southern Hemisphere. What we as individuals, and as a country and world economy, are looking for is a stable sustainable economic, financial, and lifestyle strategy and model. So long term, this slow down is a great opportunity to lower our cost basis, and to re-order our lifestyle.

It's Not a Credit Crunch, It's a Deflation

We've been 'TARPed',
We've been 'stimulated',
Why not try deleveraging.

How About Regulating the Fed?

Bring in a Fed Reserve Bank manager, together with an IT team to replace and upgrade software for security and reliability. Then bank management team. One needs bank management controls, and accountability and transparency, in order to minimize debt, other than congressional/adm budget debt, of course. The Fed has already shot an enormous wad, with NO result. It's time for a change to a conservative play. Close the windows! Bring in a team and a bank manager as head.

Recent Policy Decisions and a Greater Depression

The more debt the gov runs up, the higher yields rise, and hence interest rates. Therefore this further shuts down the housing market. Why not get debt down, yields down, and hence interest rates down for houses, cars, and consumers in general? Thus the quickest way for the economic tide to rise for all of us? But a lot of time will be required. Is this too simple a plan to advance and execute? Forgot about the big banks; most of the banking system (8000+) is stable.

Geithner's False Assumption - Rebuilding Securitization Market Is Good for Economy

Debt of Cards

The more debt the gov runs up, the higher yields rise, and hence interest rates. Therefore this further shuts down the housing market. Why not get debt down, yields down, and hence interest rates down for houses, cars, and consumers in general? Thus the quickest way for the economic tide to rise for all of us? Is this too simple a plan to advance and execute? Forgot about the big banks; most of the banking system (8000+) is stable.

The Geithner / Obama Plan Will Fail

Debt of Cards

The more debt the gov runs up, the higher yields rise, and hence interest rates. Therefore this further shuts down the housing market. Why not get debt down, yields down, and hence interest rates down for houses, cars, and consumers in general? Thus the quickest way for the economic tide to rise for all of us? Is this too simple a plan to advance and execute?