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"What is to stop U.S. banks and their customers from creating $1 trillion, $10 trillion or even $50 trillion on their computer keyboards to buy up all the bonds and stocks in the world, along with all the land and other assets for sale in the hope of making capital gains and pocketing the arbitrage spreads by debt leveraging at less than 1 per cent interest cost? This is the game that is being played today."
Heh it looks like he did the usual doom blog link regurgitation out, but when nobody was biting and the thread started sliding down with no replies he was forced to post to his own thread the next day as a form of quasi-digital-CPR.
LOL. This *snark* understood that if you print tons and tons and tons of extra currency the rest of the world isn't going to be dumb enough to hand over all thier land, stocks etc. for worthlessly devalued currency.
The bloggers premise smacks of a concept launched after several bong hits fortified by the wisdom gained from attending 2 economics class at JUCO and sleeping through both of them.
Ignore or not ignore doesn't bother me at all since if I seeing an idiotic topic or a wise one I will share my comments.
The OP has posted a link to a serious article in a legitimate source, that posits a plausible scenario, for discussion in an appropriate forum.
I don't see where there is a problem with that, and those who don't want to read the very long article and offer a critical reply can just move on, instead of producing ad hominem remarks about the OP.
OK, so he starts a lot of threads. But many have more than 30 replies (which is quite a lot for this forum) and some more than 100.
The OP has posted a link to a serious article in a legitimate source, that posits a plausible scenario, for discussion in an appropriate forum.
I don't see where there is a problem with that, and those who don't want to read the very long article and offer a critical reply can just move on, instead of producing ad hominem remarks about the OP.
OK, so he starts a lot of threads. But many have more than 30 replies (which is quite a lot for this forum) and some more than 100.
Care to address how this violates any possible understanding of how exchange rates and currency devaluation or are you just here to make critical remarks when we respond in kind to an a statement that is utter garbage?
The article is neither serious nor legitimate nor plausible. I did follow up with a critical reply....which you ignored because let's face it...I'm right and you know it. This makes your comments ad hominem so why didn't you just move on?
Incredible how some here think they are always right. Probably never occurred to them that the more information received, from various sources, considered legitimate or not, the more evaluation that occurs and better decisions are the conclusion.
Sometimes you just want to let people have it, especially if they are know-it-alls or really annoying. But, letting out your real thoughts at any given time can lead to conflict and trouble.
It may not be worth your energy.
Heh it looks like he did the usual doom blog link regurgitation out, but when nobody was biting and the thread started sliding down with no replies he was forced to post to his own thread the next day as a form of quasi-digital-CPR.
That's funny. I was going to rep you for that but I can't.
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This makes your comments ad hominem so why didn't you just move on?
