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re: The Time Table for the Dollar
Posted on 12/3/12 at 4:28 pm to slutiger5
Posted on 12/3/12 at 4:28 pm to slutiger5
quote:
Well i am anti-fed
You are most likely not in the group of "lunatics" I was speaking about. I'm willing to bet that you have very litle idea of what the fed actually does. The lunatics are the ones who get it and still think that shutting the fed down wouldn't be the end of this country.
quote:
i dont know if im doing any good by placing all my savings in foreign resources
I'm a big advocate of holding foreign assets. 25% of my 401k is invested in foreign assets.
quote:
Also i never said this would collapse our country
I don't think I inferred that you did.
quote:
The government would take care of themselves no matter if its getting bigger or not.
This sentence made no sense in the context of everything else you said.
2
Posted on 12/3/12 at 8:22 pm to TheHiddenFlask
quote:
I'm a big advocate of holding foreign assets. 25% of my 401k is invested in foreign assets.
25% of my investment portfolio is in domestic assets. But I'm including my real estate in allocation considerations. And when you have the large multinationals that tend to go into stock indexes it's tough to separate domestic from overseas anyway. So I'm actually not that bearish on the US.
Posted on 12/3/12 at 10:20 pm to TheHiddenFlask
Well like I said, I am in the process of understanding economics and business. What I have read may be all lunatic literature but most of it made sense. However I don't necessarily agree with a gold standard based off its use throughout time. I also don't agree with the complete absence of government in the market. But printing money or moving assets to save dying companies makes no sense to me. It delays or spreads the tragedy to other competitors. It's those moves that make me question the role of the government/federal reserve in the economy.
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