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Message
re: SHORT THE DOLLAR
Posted on 11/7/12 at 2:49 pm to OFWHAP
Posted on 11/7/12 at 2:49 pm to OFWHAP
quote:
One advantage we have over Europe is that individual nations in the Euro zone are unable to print money/devalue their currency, while we have complete freedom to do so.
Bingo.
It's the last resort of every crappy economy, but we can just hyper inflate our way out of a debt crunch. We'll never end up in the same spot as Greece. We may have a completely f'd economy, but we won't be anchored by immovable debt.
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