appone

Is the Dollar Too Big to Fail?

Are you for real? The government has been spending more than it takes in for a long time. That is the disese, not the cure. It is ultimately the reason Eastern European socialism failed, and it will be the reason Western European and American socialism ( I think we can call our "too big tofail" / bailot system socialist without stretching the definition ) will fail.


On Dec 19 01:01 AM Paul H. M. wrote:

> If the government started spending more than it took in, that would
> take money out of the economy, which should be deflationary.
>
> But if you go GOP-style and lower taxes while raising debt, then
> you get more inflation because you're putting more money into the
> system than what your taking out through taxation.

Coordinated Rate Cuts: Too Little, Too Late? The Forex Angle

USD/JPY the carry trade is far from completely unwounded, long term, short this pair seems like the clear winning trade