AndyMan

Today in Commodities: A Fitting End

I don't think the fed can raise interest rates.....the market will try to force them. Since most of americas debt is short term ARMs.....they will need to print and print just to cover the massive interest on the debt. We will be money printing machines.

The Outlook for Corn

If you back the currency with some sort of value...like gold.....you essentially lock most commodities down.

There wouldn't be much price swings from yr to yr....and people like you and me wouldn't have to speculate on stocks to maintain the purchasing power of our dollar if we decided to save.

a dollar now would be a dollar 20 yrs from now.


You would eliminate every bubble scenario....there would be no depression in the 30's....no tech bubble or housing bubble, (atleast nothing nearly as large). Interest rates should be controlled by the market. Austrian economics work.......its this cheap money fake money coming into existance backed by nothing along with horrible government policies which create the largest bubbles in history.

This is an all out paper war between countries......