william the wie
Gold Member
- Nov 18, 2009
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OK, here's what we do know:
Interest rates are going to go up.
Since the dollar is the only duly certified reserve currency not trying to inflate the dollar will increase in value relative to all other currencies.
The immediate effect of rising interest rates is that we will discover that a lot of companies have engaged in Ponzi financing or check kiting for you and me.
So the question is how long will the economy be tied up in the discovery of fraud before hot money starts flowing in to push up the stock market?
Interest rates are going to go up.
Since the dollar is the only duly certified reserve currency not trying to inflate the dollar will increase in value relative to all other currencies.
The immediate effect of rising interest rates is that we will discover that a lot of companies have engaged in Ponzi financing or check kiting for you and me.
So the question is how long will the economy be tied up in the discovery of fraud before hot money starts flowing in to push up the stock market?