The Winners Will Be Those Who Look to Gold and Commodities [View article]
"Currency value is determined by relative cost of inputs to the manufacturing process." "Debt in and of itself is not inflationary and does not determine currency value. Government cutting services is deflationary." Fantastic! Now that I know that debt and currency supply don't determine currency value, I am wondering: where is my million dollar stimulus check? Why not send a million dollars to everyone on earth? Then just cut the government budget to strengthen the dollar. That should get the economy going! Things are looking up! Also, if our government cuts service to US citizens in order to pay foreign debtholders, will anyone be upset?
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"Currency value is determined by relative cost of inputs to the manufacturing process." "Debt in and of itself is not inflationary and does not determine currency value. Government cutting services is deflationary."
Nov 09 20:01 pm
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All Comments by huskerbob »The Winners Will Be Those Who Look to Gold and Commodities [View article]
Fantastic! Now that I know that debt and currency supply don't determine currency value, I am wondering: where is my million dollar stimulus check? Why not send a million dollars to everyone on earth? Then just cut the government budget to strengthen the dollar. That should get the economy going! Things are looking up!
Also, if our government cuts service to US citizens in order to pay foreign debtholders, will anyone be upset?