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To: blam

Hyperinflation can’t happen until the dollar loses it’s reserve currency status...of course that’s just around the corner, too.


4 posted on 01/29/2013 3:57:46 PM PST by gorush (History repeats itself because human nature is static)
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To: gorush

or at least until their is a better alternative to the U.S. dollar. The Euro is worse than the greenback. The Japanese yen is no better. Would you trust the Russian ruble or the Chinese yaun?


6 posted on 01/29/2013 4:08:19 PM PST by Flavious_Maximus
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To: gorush
Japan who has been using the Keynesian model that stimulus takes the place of consumer spending and investment. Is now in a year targeting a 2% inflation rate, along with more stimulus of a QE bond buying program. Europe markets are talking about a currency war and this could speed this along.
9 posted on 01/29/2013 4:25:28 PM PST by wmap
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To: gorush
Hyperinflation can’t happen until the dollar loses it’s reserve currency status...of course that’s just around the corner, too.

Wow...an actual cogent thought... thought I disagree with the second part...

There is no currency being used by any country in the world that is able to replace the US Dollar as the reserve currency...China is still 10 years away from being able to handle it though their banking system...

12 posted on 01/29/2013 5:12:57 PM PST by JZoback
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