Hi Cruising, attempts at de-dollarization by the BRICs nations, and others such as Saudi and, possibly (?) Europe, would, as you state, result in substantially higher inflation in the U.S. Likely hyperinflation... Our debt loan is massive per https://i.ibb.co/0ZrhcfG/a123334.jpg . Could we therefore have hyperinflation resulting in a dialectical synthesis of the introduction of central bank digital currencies (which are close to being ready to unleash onto the public), which will then result in the greatest loss of individual freedom in human history?
Dear Cruising Economist, you started out with several posts a couple months back, and now it seems a holiday. I hope that we will see you come back. So I will ask a few questions too stimulate a new post.
There is much to learn about economic trends. You said economics entails understanding how human beings make choices. This must be the Micro-economic trends. It seems to rest on the idea of a market that is the consolidation of millions of individual rational choices. I wonder if that isn't a myth?
Giant hedge funds and bank holdings move such massive chunks of capital, that it can't help but alter the market. That might have been a side-effect in the past. But by now it is the only motivation for shifting capital. Manipulate the market, and always profit by that movement. The rest of humanity tries to ride on your back, or outguess you. But they make NO Independent Decisions. That is a polite way to say it. We stick with the myth of meritocracy. These guys make the largest returns because the are the wisest managers.
Other so well know it, that the richest man is the biggest gangster. Let me ask about Black Rock and Larry Fink. Is it true that his Assets Under Management recently went from $ 7 Trillion to $ 10 Trillion? If he buys your stock you're screwed, because then if you do not do exactly as he demands, he dumps your portfolio, and your company tanks overnight.
Let me list some points where I have questions:
1. You said the money supply has gone up by a factor of 10 since 2008. Certainly that is an unknown territory.
2. America has weaponized the dollar, such that it is no longer an international currency. It can't be spent in certain parts of the world, (or it is increasingly difficult.) Although certain world leaders are so in bed with the USA that they may not worry about the dollar as a weapon.
3. There may be an "Overheated Economy". I don't know what that means, so please give more detail.
4. When there is a systemic increase in prices, as opposed to price increases in a particular market - Isn't that difficult to determine? For instance if diesel fuel goes up, that affects every product that must be transported (all of them). Supply chains are so intertwined.
5. We know countries outside the west are trading in their own currencies, or in the Chinese Yuan, maybe 30% of world trade. That is concerning.
6. Fiat currency is backed by nothing more than confidence. But there is one more factor. It is that for some needs, there might be no alternatives. Let Me Ask About that. Is it true that there are many institutions that need liquidity and they must trade massive amount of capital daily? Banks, Hedge Funds, Investment brokers, Insurance funds, Pension funds, and Corporate entities needing to smooth out their cash flow. I'll give one example to illustrate the scope of it.
7. A while back I was trying to figure it out. I used US figures from 2015, when GDP was $ 18.2 T. Market value of domestic corporations was $ 29 T minus 25% in land yields $ 21.7 T in the USA, for investment in "means of production" in 2015. So what were the alternative (virtual) investments? ( I hope you can follow it, it is really very easy, and my margin of error can be huge and still make my point.)
$51 T Stocks out of world $ 111 T. $ 50 T Bonds, out of a world $ 128 T, and derivatives were at $ 1000 T. But all the $ 1000 T is not at risk. There may be various ways to calculate it, some say 10 times GDP, or $ 182 T. (Please check me out on this assumption.) So $ 283 T invested in the virtual economy, and $21.7 invested in the real economy???? I am asking:
Why Is There 13 Times More Capital In The Financial Economy Than In The Real Economy?
Is that what you call "duh"? Of course, there are 13 times more profits in the virtual economy than there is in the real economy, of value added! The real economy might be only the money laundering leg of corporate gangsterism. So if that giant market mechanism of world trading is really necessary, and there is no alternative even close to it; Will The US Dollar Fall? Regardless of how much of world trade is exchanged for Yuan. THAT IS MY QUESTION.
8. The other thing to consider; is there really that much market movement? How do you calculate the daily market turnover? I have heard of skimming, or "Ripple Trading", where banks of computers make 1,000's of trades per minute. All the major banks and funds engage with it. If these movements, (perhaps holding a position for one minute), are counted in daily turnover, then such a statistic is highly suspect.
Thank you for looking into, these, my doubts. Please make one or more new posts to focus in on these matters. I would have more questions, but I think it's enough for now.
I am not much into country music, it's a miracle that I even knew who Tim McGraw is.
I am more of a world-fusion kinda guy; but as I was listening to this, I couldn't help noticing the contrast in the messages between country and hip-hop/rap: be good vs be angry.
As for your message, I cannot disagree. I am seriously considering to move some money to South-East Asia. I just don't have enough to move :)
Hi Cruising, attempts at de-dollarization by the BRICs nations, and others such as Saudi and, possibly (?) Europe, would, as you state, result in substantially higher inflation in the U.S. Likely hyperinflation... Our debt loan is massive per https://i.ibb.co/0ZrhcfG/a123334.jpg . Could we therefore have hyperinflation resulting in a dialectical synthesis of the introduction of central bank digital currencies (which are close to being ready to unleash onto the public), which will then result in the greatest loss of individual freedom in human history?
Dear Cruising Economist, you started out with several posts a couple months back, and now it seems a holiday. I hope that we will see you come back. So I will ask a few questions too stimulate a new post.
There is much to learn about economic trends. You said economics entails understanding how human beings make choices. This must be the Micro-economic trends. It seems to rest on the idea of a market that is the consolidation of millions of individual rational choices. I wonder if that isn't a myth?
Giant hedge funds and bank holdings move such massive chunks of capital, that it can't help but alter the market. That might have been a side-effect in the past. But by now it is the only motivation for shifting capital. Manipulate the market, and always profit by that movement. The rest of humanity tries to ride on your back, or outguess you. But they make NO Independent Decisions. That is a polite way to say it. We stick with the myth of meritocracy. These guys make the largest returns because the are the wisest managers.
Other so well know it, that the richest man is the biggest gangster. Let me ask about Black Rock and Larry Fink. Is it true that his Assets Under Management recently went from $ 7 Trillion to $ 10 Trillion? If he buys your stock you're screwed, because then if you do not do exactly as he demands, he dumps your portfolio, and your company tanks overnight.
Let me list some points where I have questions:
1. You said the money supply has gone up by a factor of 10 since 2008. Certainly that is an unknown territory.
2. America has weaponized the dollar, such that it is no longer an international currency. It can't be spent in certain parts of the world, (or it is increasingly difficult.) Although certain world leaders are so in bed with the USA that they may not worry about the dollar as a weapon.
3. There may be an "Overheated Economy". I don't know what that means, so please give more detail.
4. When there is a systemic increase in prices, as opposed to price increases in a particular market - Isn't that difficult to determine? For instance if diesel fuel goes up, that affects every product that must be transported (all of them). Supply chains are so intertwined.
5. We know countries outside the west are trading in their own currencies, or in the Chinese Yuan, maybe 30% of world trade. That is concerning.
6. Fiat currency is backed by nothing more than confidence. But there is one more factor. It is that for some needs, there might be no alternatives. Let Me Ask About that. Is it true that there are many institutions that need liquidity and they must trade massive amount of capital daily? Banks, Hedge Funds, Investment brokers, Insurance funds, Pension funds, and Corporate entities needing to smooth out their cash flow. I'll give one example to illustrate the scope of it.
7. A while back I was trying to figure it out. I used US figures from 2015, when GDP was $ 18.2 T. Market value of domestic corporations was $ 29 T minus 25% in land yields $ 21.7 T in the USA, for investment in "means of production" in 2015. So what were the alternative (virtual) investments? ( I hope you can follow it, it is really very easy, and my margin of error can be huge and still make my point.)
$51 T Stocks out of world $ 111 T. $ 50 T Bonds, out of a world $ 128 T, and derivatives were at $ 1000 T. But all the $ 1000 T is not at risk. There may be various ways to calculate it, some say 10 times GDP, or $ 182 T. (Please check me out on this assumption.) So $ 283 T invested in the virtual economy, and $21.7 invested in the real economy???? I am asking:
Why Is There 13 Times More Capital In The Financial Economy Than In The Real Economy?
Is that what you call "duh"? Of course, there are 13 times more profits in the virtual economy than there is in the real economy, of value added! The real economy might be only the money laundering leg of corporate gangsterism. So if that giant market mechanism of world trading is really necessary, and there is no alternative even close to it; Will The US Dollar Fall? Regardless of how much of world trade is exchanged for Yuan. THAT IS MY QUESTION.
8. The other thing to consider; is there really that much market movement? How do you calculate the daily market turnover? I have heard of skimming, or "Ripple Trading", where banks of computers make 1,000's of trades per minute. All the major banks and funds engage with it. If these movements, (perhaps holding a position for one minute), are counted in daily turnover, then such a statistic is highly suspect.
Thank you for looking into, these, my doubts. Please make one or more new posts to focus in on these matters. I would have more questions, but I think it's enough for now.
And thanks for your consideration.
.
I am not much into country music, it's a miracle that I even knew who Tim McGraw is.
I am more of a world-fusion kinda guy; but as I was listening to this, I couldn't help noticing the contrast in the messages between country and hip-hop/rap: be good vs be angry.
As for your message, I cannot disagree. I am seriously considering to move some money to South-East Asia. I just don't have enough to move :)
i will read the entire post, but hey USD brought him to power!! SARKOZY was pro-EUR and is sitting in jail now. Do not fall for these lies