Currency « Morality101.net

Dollar’s Days of Dominance Are Over

By Striker, on July 6th, 2009

Dollar’s Days of Dominance Are Over

Seeking Alpha

by Jeff Neilson

Geithner tells China its dollar assets are safe

By Striker, on June 2nd, 2009

FTA: “Chinese assets are very safe,” Geithner said in response to a question after a speech at Peking University, where he studied Chinese as a student in the 1980s.

His answer drew loud laughter from his student audience”

This big lie from the idiot heading the US Treasury? Funny he ignored that the [...]

Iceland expected to turn left in weekend election

By Dean Striker, on April 25th, 2009

Nobody wants to mention tax rises just ahead of the elections,” said Thorolfur Matthiasson, an economics professor at the University of Iceland. “But if the budget deficit is 10 percent of GDP and the official debt is approximately what the nation can produce in one year, then the politicians will have to raise tax and [...]

Hyperinflation:Last Gasp of a Doomed Currency

By Striker, on September 13th, 2008

Rather than solving the problems, the government’s bailouts merely confirm my worst fears, and increase the chances for a hyper-inflationary outcome. By nationalizing Freddie and Fannie, the government has merely delayed the crisis. The borrowed time will cost us dearly, as the day of reckoning will now likely involve much steeper losses.

This was the [...]

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