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 [View article]
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?
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.
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?
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.
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?
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?
Bernanke's Great Lie: The Gold Standard and the Great Depression [View article]
Gold standard vs confidence in Fed. The currency notes we have in our pocket states at the top: Federal Reserve Note. So our money is based on our confidence in the Federal Reserve, and hence with it's closely associated treasuries market. Is the Federal Reserve being managed like other district reserve banks? Is there transparency and accountability? Are there banking controls? Or is everyone there on there own? How much does an economist know or care about bank managing? Do we need a conservative banker and team at the Federal Reserve? We re-did the 1930 economic experiment, but this time with the Fed faucet (money) turned on full blast, with no effect. It's time for a real change of direction and leadership at the Fed. Just say NO to more debt windows. It's the DEBT, stupid! p.s. now days, probably all economist are innovative and aggressive. It's time for a bit of reality - called a banker.
Enjoy the Strong U.S. Dollar While You Can [View article]
On Nov 26 01:35 PM sbenard wrote:
> The Fed has become the world largest and most leveraged hedge fund. > The Fed's balance sheet as of todays stand at about $3.25 trillion. > The leverage is almost infinite. > > The Mother of all Bubbles is building. It is U.S. government debt. > When it pops, it will be mayhem in the markets!
Why It's Time to Raze the Fed [View article]
U.S. Dollar: Still No Good Alternative [View article]
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 [View article]
The Dollar Is Dead [View article]
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 [View article]
Dollar Concerns Are Real [View article]
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? [View article]
Bernanke's Great Lie: The Gold Standard and the Great Depression [View article]
Looking for Precedent in the Dollar's Behavior During Recession [View article]
Enjoy the Strong U.S. Dollar While You Can [View article]
On Nov 26 01:35 PM sbenard wrote:
> The Fed has become the world largest and most leveraged hedge fund.
> The Fed's balance sheet as of todays stand at about $3.25 trillion.
> The leverage is almost infinite.
>
> The Mother of all Bubbles is building. It is U.S. government debt.
> When it pops, it will be mayhem in the markets!
amen.
Don't Be Fooled - Inflation is Coming [View article]