Greenspan says US interest rates going to double digits

Discussion in 'Economics' started by Tracy McGreedy, Sep 15, 2007.

  1. nitro

    nitro

    Uh,

    That is not clear at all. Although imo it will do what you are suggesting it will. But you know, the opposite is not illogical by any means. For example, the last two times the FED cut aggressively in the last 15 years, the dollar actually gained against other currencies It depends on many contingencies, none of which are in your face obvious this time around.

    nitro
     
    #21     Sep 16, 2007
  2. gnome

    gnome

    That Sir, is the crux of the entire problem.
     
    #22     Sep 16, 2007
  3. gnome

    gnome

    Inflation and currency debasement are not caused by a greedy populace nor greedy investors... but rather by greedy government. Criminally so, in my view.
     
    #23     Sep 16, 2007
  4. nitro

    nitro

    Inflation inflates $1 to .05 approximately every forty years. 5% of $400k is approximately $28k, plus or minus noise.

    nitro
     
    #24     Sep 16, 2007
  5. And NOW we're going to pay for it.
    This is the "END GAME".
    Next 10 years could be mean for long term investors.
     
    #25     Sep 16, 2007
  6. vectors101

    vectors101 Guest

    Some countries don't even trust their own gov't to create their own currency and have to use the US dollar as the national currency.

     
    #26     Sep 16, 2007
  7. who do u think controls the government...not the electorate!!
     
    #27     Sep 16, 2007
  8. R U blind! There has been so much printing of money...eventually leading to massive inflation of the numbers so the current debt will seem trivial...they know very well what they're doing and they've been doing it all your life!!!!!...NOTHING NEW HERE! The HAVES will be Having alot more... BUY long term assets if u want to be one of the HAVES. Some can't see the forest for the trees!
     
    #28     Sep 16, 2007
  9. says it all
     
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    #29     Sep 17, 2007
  10. Remember when the senile greenspan predicted a 1/3 chance of a recession in Feb 26th 2007? What ever happened to that?
     
    #30     Sep 17, 2007