I was wondering if you could answer a Question ?
You never really talk about the US dollar status of reserve currency , is it possible to hyperinflate the entire world currencies along with the US dollar at the same time ?? I only ask this because the US dollar always moves inversely to the world currencies like now the dollar being high and other currencies going low ,if the fed doesn’t raise rates the dollar will drop and world currencies will rise ,if they raise rates the dollar will rise more and the rest of the world will go into hyperinflation, my guess is the fed will raise rates not because the economy is doing great but to stick it to the rest of the world and the american people will still owe the debt plus interest .
now before you go off on a tangent about this thought process its not like they haven’t done silly things before like creating a housing bubble only to have Ben Bernanke say in late 2007 say he doesn’t see a bubble .Even Janet Yellen said she doesn.t see a stockmarket bubble the fed is a different kind of animal than you or I or anyone else for that matter you say the fed cant raise rates, my question is why not they do stupid things all the time and they have a different agenda than we think what if it is about slaughtering the world currencies (currency war)and anyway do you really believe that TPTB would really want to hyperinflate your debt away no I bet the debt stays with the american people as punishment for the stupid choices of indebted people
However, I don’t need to read all you say to realize you are overthinking things.
In time, all fiat currencies collapse. Right now, many are as we speak; and as Central banks go berserk with QE/NIRP/etc., they will all lose purchasing power. Many will be destroyed, others (like the dollar) will likely remain, but with far less purchasing power.
And above all, IGNORE the FED. They are all morons, wrong about everything and paid to lie about everything.
Andy,
We are staring down the barrel of a 44 magnum with a finger on a hair trigger.
Nice end of the day plunge today. Andy looks better and better all the time!
Party’s just getting started.
Dear Mr Hoffman
I was wondering if you could answer a Question ?
You never really talk about the US dollar status of reserve currency , is it possible to hyperinflate the entire world currencies along with the US dollar at the same time ?? I only ask this because the US dollar always moves inversely to the world currencies like now the dollar being high and other currencies going low ,if the fed doesn’t raise rates the dollar will drop and world currencies will rise ,if they raise rates the dollar will rise more and the rest of the world will go into hyperinflation, my guess is the fed will raise rates not because the economy is doing great but to stick it to the rest of the world and the american people will still owe the debt plus interest .
now before you go off on a tangent about this thought process its not like they haven’t done silly things before like creating a housing bubble only to have Ben Bernanke say in late 2007 say he doesn’t see a bubble .Even Janet Yellen said she doesn.t see a stockmarket bubble the fed is a different kind of animal than you or I or anyone else for that matter you say the fed cant raise rates, my question is why not they do stupid things all the time and they have a different agenda than we think what if it is about slaughtering the world currencies (currency war)and anyway do you really believe that TPTB would really want to hyperinflate your debt away no I bet the debt stays with the american people as punishment for the stupid choices of indebted people
Sorry, my head is spinning from too many emails.
However, I don’t need to read all you say to realize you are overthinking things.
In time, all fiat currencies collapse. Right now, many are as we speak; and as Central banks go berserk with QE/NIRP/etc., they will all lose purchasing power. Many will be destroyed, others (like the dollar) will likely remain, but with far less purchasing power.
And above all, IGNORE the FED. They are all morons, wrong about everything and paid to lie about everything.
a