Posted on 02/26/2015 11:37:16 AM PST by blam
February 26, 2015
Austin Galt
This analysis will cover the CRB Continuous Commodity Index, the US Dollar index and one of the main commodity currencies, the Australian dollar.
We’ll begin with the CRB Continuous Commodity Index which comprises a mixture of components from sectors including energy, metals, soft commodities and agriculture.
(snip)
If this analysis is correct, it means a big deflationary spiral is dead ahead that will see market participants wide-eyed with fear. However, there should be a significant rally before then which will allow many to get their houses in order.
And once this deflationary spiral has run its course, an inflationary bang of epic proportions should commence that will go down in history as one for the ages.
(Excerpt) Read more at marketoracle.co.uk ...
All newly created Debt creates Federal Reserve Notes/credits, this New Money is created out of thin air and spends the same as existing money, but it is diluting the current specie by the exact percentage that the new money represents.
To put it simply , it is WATERING DOWN THE BOOZE! Today you need 2 quarts to get drunk, in 1971 you needed 2 shots.
I can go to the bank and borrow new money, today. And I can get all those awesome benefits you mentioned earlier. Sounds pretty cool.
this New Money is created out of thin air and spends the same as existing money,
And it sounds like anyone can do it, not just the shadowy insiders who scare you.
We went off the gold standard in 1971. Bretton Woods accord.
I know. Doesn’t mean anything was counterfeited.
True, thought QE looks a lot like it.
There was a treasury secretary once who said, “It’s our dollar, and their problem (rest of the world).”
Inflation always benefits the debtors...today, Governments and Central Banks...it means they can pay off the debt with cheaper money.
Central banks hold huge portfolios of bonds, bondholders don't benefit from inflation.
Actually it has been the ability to do third grade math and realizing that our entire monetary system is one giant ponzi scheme that scares me. It requires an ever expanding pie, regardless of anything. The debt can never be paid down or off because the Interest Due simply does not exist.
Why do you believe 1+1=11 is just fine for a Medium of Exchange?
Third grade math and a bad definition of Ponzi scheme. Explains a few things.
The debt can never be paid down or off because the Interest Due simply does not exist.
Love that stupid claim.
I borrow $100,000 to buy a house, but my loan didn't create the interest. How will I ever pay off the loan? It's an impossibility!!!!
Unless I pay a bit every month, until I pay it off in full.
If you list some of those other silly claims you read in Jekyll Island or some silly website, I'll be glad to clear them up for you as well.
All Federal Reserve Notes and Credits in existence were loaned into society with interest attached.
if $1000 was loaned into society at 10% interest it requires $1100 to extinguish said loan. Problem is there is only $1000 in existence, so we need to continually loan more money into society with interest at an exponential rate in order to keep up.
Where does the Interest come from??
About that 3rd grade math you failed...
I’ll give you a clue
The Only US Currency not loaned into society with interest attached is COINAGE.
I just checked the $20s in my wallet, no interest attached. Sorry.
Where does the Interest come from??
The interest for my mortgage, for example, comes from my paycheck. Too complicated for you?
I love this claim too.
So when a bank uses its reserves to buy a thousand dollars worth of quarters, there is no interest, but if they buy 50 $20s, there is interest? LOL!
Thanks, frickin' hilarious!
Then you obviously failed 3rd grade reading and comprehension too.
“Federal Reserve Note”
what is the definition of the term “NOTE”
“United States Note”
what is the definition of the term “NOTE”
“United States Note”
That is not on our Official Currency it is as I quoted
“Federal Reserve Note”
ANd it has a very specific legal definition
Cool. And?
So when a bank??
Wie genau funktioniert die Ausgabe von offiziellen US-Währung von der Regierung gleichzusetzen, um ein Bank ?? Vielleicht sollten Sie versuchen, das Lesen über die Weimarer Republik irgendwann. Oder haben Sie Ihre Mama, Sie zu lesen, wenn sie steckt man in heute Abend.
Yes, banks buy coins and FRNs.
Goldbug ping.
The last trading day of the Shemitah is, Friday 9/11/15. The final trading day in the year of nullification.
Say what you will about the Shemitah, blood moons and eclipses in the fall, enough people are going to be freaked out and a lot of people will be out of the stock market at that time.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.