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re: The Time Table for the Dollar

Posted on 12/5/12 at 9:39 pm to
Posted by slutiger5
Parroquias de Florida
Member since May 2007
10690 posts
Posted on 12/5/12 at 9:39 pm to
Thanks but I'm a rookie. I don't understand this.
Posted by Bayou Tiger
Member since Nov 2003
3660 posts
Posted on 12/5/12 at 10:09 pm to
quote:

slutiger5
Every time I see your screen name, I think the same two things.

1) Was the double entendre intentional?
2) Are you a female?
This post was edited on 12/5/12 at 10:11 pm
Posted by Blakely Bimbo
Member since Dec 2010
1183 posts
Posted on 12/6/12 at 11:55 am to
quote:

Thanks but I'm a rookie. I don't understand this.


It is so very complicated and that's why the gold bugs have everyone fooled about what is really taking place.

I am simple, so the way I see it, we already had the real inflation during the boom that went way too far adrift. What they are doing is trying to keep the system from blowing up from a period of too much leverage. I compare it to a balloon. If you let the air out too fast, the balloon flies out of your hand. You loose control.

Google Ray Dalio and "Beautiful Deleveraging" and read it. He calls it beautiful, but I would say that it is ELEGANT. May help you understand.

Have I been pissed at the FED? Yes, definitely. I am VERY angry that the bail out of the banking system is carried on the backs of savers. It has cost my 97 year old mother tens of thousands of dollars. I was pissed when the FED let the price of commods and especially food get too high. I felt that it was way too dangerous. I am angry because we are in this situation in the first place. IMO, this could have been prevented.

However, I am not so stupid to realize that the alternatives were total collapse. Nobody wants that. There has been a lot of jaw boning lately from all the Centrals Banks. You have to look at what they are actually doing. Again, think about the balloon and that money is the air.

This is not an exact explanation, but the money that has been "printed" so far is basically replacing the money that has gone to money heaven and been destroyed through debt write offs and deleveraging. Most of the money is sitting in bank reserves. The Fed is attempting a balancing act. They have been successful thus far and far more successful than Japan or the EU.

The Fed is telling you exactly what it is doing.
The links I referenced show when they add and when they drain the system. They post their operations.

Here is a site that reports the Slosh...

LINK

I hope this helps.
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