tag:blogger.com,1999:blog-1258979445050968882.post2516105824157979589..comments2023-11-26T06:55:42.401-05:00Comments on [ The Financial Ninja ]: Welcome To A Free Money World!Ben Bittrolffhttp://www.blogger.com/profile/12465978905157927856noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-1258979445050968882.post-13278906462659566262008-12-17T11:35:00.000-05:002008-12-17T11:35:00.000-05:00The Fed's announcement is an acknowledgment (by de...The Fed's announcement is an acknowledgment (by deed rather then word) that we're well on our way to a global deflationary depression.<BR/><BR/>All other central banks around the world will follow the Fed's lead. Currency valuations will fluctuate wildly, which will have the effect of inhibiting global transactions of all sorts.<BR/><BR/>Why would banks lend to other banks when they all keep moving assets to mark-to-myth Level 3? There is no transparency!! They're pouring their money into US treasury debt for short term profit rather than lending to each other or lending to you and me.<BR/><BR/>Credit is declining faster than other forms of money are moving in to take it's place. Velocity is being sucked into a big black hole of insolvency expectations.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1258979445050968882.post-89077468581842515242008-12-17T10:37:00.000-05:002008-12-17T10:37:00.000-05:00Ben,I agree with the previous post. "If it is hoar...Ben,<BR/><BR/>I agree with the previous post. "If it is hoarded" is indeed the key here.<BR/>Can you make a post on what would it take for the banks to stop hoarding and start lending like there is no tomorrow.<BR/>I think the Fed is intent on doing whatever it takes on stopping this hoarding for better or worse.<BR/>If they succeed we all might as well get as many loans as we can, since no one will ever pay them back.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1258979445050968882.post-40798350028157097612008-12-17T00:04:00.000-05:002008-12-17T00:04:00.000-05:00key words are 'if it is hoarded'key words are 'if it is hoarded'Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1258979445050968882.post-89422834946532985342008-12-16T22:54:00.000-05:002008-12-16T22:54:00.000-05:00FREE On-Demand TV Shows, Movies, Music(millions an...FREE On-Demand TV Shows, Movies, Music(millions and millions of digital quality tracks), Unlimited Games, Money, and FREE College Educations (Stanford, Oxford, Notre Dame and more) @ InternetSurfShack.com Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1258979445050968882.post-42275003728320046492008-12-16T21:45:00.000-05:002008-12-16T21:45:00.000-05:00Ben, do you think you can have deflation AND a dol...Ben, do you think you can have deflation AND a dollar that falls dramatically simultaneously?<BR/><BR/>I think this is where people like me are confused?<BR/><BR/>How could BOTH occur simultaneously?Thaihttps://www.blogger.com/profile/00700253024420397221noreply@blogger.comtag:blogger.com,1999:blog-1258979445050968882.post-85830827397749019292008-12-16T18:08:00.000-05:002008-12-16T18:08:00.000-05:001. Has Japan seen much inflation since they starte...1. Has Japan seen much inflation since they started their quantitative easing? As far as I know they have also been printing money, and there has been very little inflation for a decade. And growth, that is.<BR/><BR/>2. The velocity appears to have peaked around 1987, and then declined steadily since then. Am I totally off here, or could that be due to foreign central banks hoarding dollars as forex reserves?<BR/><BR/>3. If #2 is correct, what will then happen when the dollar is useless as a forex reserve? will we see V jump back to 2.7?<BR/><BR/>4. If #3 is correct, I suppose we will see a inflationary hangover all the way from the late 80's. that should be pretty bad. Zimbabwe?Tord Steirohttps://www.blogger.com/profile/13455784648908243259noreply@blogger.comtag:blogger.com,1999:blog-1258979445050968882.post-39572280142004049472008-12-16T17:56:00.000-05:002008-12-16T17:56:00.000-05:00Free money = super hyper inflationNew highs for th...Free money = super hyper inflation<BR/><BR/>New highs for the stock market and gold/silver coming soon.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1258979445050968882.post-32891307800526310862008-12-16T16:21:00.000-05:002008-12-16T16:21:00.000-05:00If you're selling gold Ben, I'm buying it!I totall...If you're selling gold Ben, I'm buying it!<BR/><BR/>I totally agree with you about the deflationary prognosis, but gold is being bought because of the worry of the future collapse of the dollar. This worry will increase as the Fed gets more and more desperate and starts doing all sorts of crazy things to get money moving again.<BR/><BR/>And IF they get money moving again, prepare for the greatest inflation this country has ever seen.Vijayhttps://www.blogger.com/profile/12376645525363126901noreply@blogger.comtag:blogger.com,1999:blog-1258979445050968882.post-18420919898946570662008-12-16T15:43:00.000-05:002008-12-16T15:43:00.000-05:00I agree that all the data is deflationary right no...I agree that all the data is deflationary right now, and probably will be for a while. But wouldn't you think the risk of hyperinflation is becoming more realistic and less of a tin foil hat theory?<BR/><BR/>Consider as the government keeps printing money, and a larger and larger portion of that printing goes to paying off a larger and larger debt load.<BR/><BR/>If the dollar reaches the level of devaluation to the point that people stop keeping the sovereign debt bubble afloat and decide to spend their money now vs spending their devalued dollars later, and the cost of borrowing for the gov't starts jumping, wouldn't you agree that the gov't is risking a choice down the road between:<BR/><BR/>a)Total collapse if they decide to eventually default on their growing debt<BR/>or<BR/>b)Hyperinflation if they just continue to print.Anonymoushttps://www.blogger.com/profile/04490179400711329488noreply@blogger.com