Posted on 03/13/2013 7:50:35 AM PDT by blam
Yeah, the dollar’s healthy... sure.
And the prize for tallest midget goes to ... the US Dollar!
and a shifting interest rate environment,
Ooo, bad news. The prize will have to be taken away for being more doped than Lance Armstrong.
A little too soon to tell, IMO
LOL happy days are here again.
As all of the world’s currencies try to outdo each other on the downside, the dollar may appear to be “better” than the rest. Unfortunately, it is like being on one sinking ship in a whole fleet of sinking ships and being happy because today your ship isn’t sinking quite as fast as the others. The end result for all the ships is exactly the same.
‘Don’t fight the Fed!’
We can make it to the road in a homemade boat That's the only thing we got left that'll float It's already over all the wheat and the oats, Two feet high and risin'
How high's the water, mama? Three feet high and risin' How high's the water, papa? Three feet high and risin'
Well, the hives are gone, I've lost my bees The chickens are sleepin' In the willow trees Cow's in water up past her knees, Three feet high and risin'
How high's the water, mama? Four feet high and risin' How high's the water, papa? Four feet high and risin'.............
Heh, I saw the thread title and knew it had to be Business Insider, the Democrat propaganda version of serious business publications like Forbes, WSJ, and Investors Business Daily, but I was surprised to see the author was not Joe Weisenthal.
Yep, we can create 1T more of them per year out of thin air and it’ll hold its value... mmm hmmm..
So all the world’s major currencies have stage 4 cancer while the US dollar is at stage 3. Gee, I guess we should all celebrate that we will die a little later than everyone else.
To paraphrase Rodney Dangerfield:
“How’s your currency?”
“Compared to what?”
I real terms, thst is terms of the goods and services that it will buy, the dollare seems to be shrinking. It’s just that the other currencies are shrinking faster.
Yup..here's Joe:
Yep,
After the 2007 to 2009 crash Schiff and others like Rogers were predicting the dollar dropping and massive 1980 inflation soon to come, yet in spite of the Fed creating new $$$ like crazy there has been no run from the dollar.
We are the prettiest pony at the glue factory. That sure makes me feel better.
The only justification I could see is the new shale discoveries in Louisiana and Texas along with Japan’s successful withdrawal of methane hydrate, of which we have huge deposits in the Gulf of Mexico.
If we could tap into all these sources, we’d not only be energy independent but capable of exporting fuel. IF we could use these resources, the economy would rebound and we’d be a world power again.
But I don’t think that’s why investors are investing here. I think it’s simply piling up into the least rickety life boat as the world economy sinks.
There is no inflation. /sarcasm
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