BF2S Forums Dollar Facing Power Shift

He's damned if he does do and damned if he doesn't.

JohnG@lt wrote:

Kmarion wrote:

I think we can count on the fed raising the rates now.
http://www.nypost.com/p/news/business/d … LykSJwTTEL

Serious question. I'm not an economist by any means. Wouldn't higher interest rates hinder growth but make any growth that did occur more 'real'? I would think companies would put more thought and planning into their investments if the interest rates were higher. Can anyone explain it?

Yes.. that is the question. It is a matter of judgment. The US economy is showing signs of recovering. A gradual "small" increase could actually stimulate the economy. So much of our economy is based on confidence. A small increase could be considered a positive indicator, like lower unemployment, sales, construction, etc..

Timing is everything.

Diesel_dyk wrote:

I wonder if its not a coincidence that that we have the rise of an anonymous Internet that enables free expression of idea and the sharing of knowledge without repercussions and also have this push by central bankers to destroy the American dollar and create a new world currency.
Where that new world currency would reside in a layer of control above any democratic govt. Can you imagine, the elite of the world are siding with Red China a Russia over us on this. We are lambs and the slaughter is coming.

You know that the US should have raised interests about  18 months to 24 months ago to help curb the financial collapse. People could see the collapse coming so what that tells me is that the dump the dollar move was planned all along and represents one of the greatest heists of wealth in history.

Next step for the uber elite will be to create a new crisis and launch the Amero, my guess from the latest news is that it will come in three steps. 1. our so called friends and trading partners will dump the dollar and create a new reserve currency. 2. we will experience a crisis most likely an oil shock. and 3. Our so called friends will bail us out on the grounds that we adopt the Amero. The economic control envisioned by our founding fathers will suffer a coup de gras while we run around having tea parties.


IMO we're screwed.

Out of curiosity, what's wrong with a single world currency?

Kmarion wrote:

JohnG@lt wrote:

Kmarion wrote:

I think we can count on the fed raising the rates now.
http://www.nypost.com/p/news/business/d … LykSJwTTEL

Serious question. I'm not an economist by any means. Wouldn't higher interest rates hinder growth but make any growth that did occur more 'real'? I would think companies would put more thought and planning into their investments if the interest rates were higher. Can anyone explain it?

Yes.. that is the question. It is a matter of judgment. The US economy is showing signs of recovering. A gradual "small" increase could actually stimulate the economy. So much of our economy is based on confidence. A small increase could be considered a positive indicator, like lower unemployment, sales, construction, etc..

Timing is everything.

Yes timing, but right now with Sinking house values as is(the only little bump right now is due to the tax credit), property taxes going up across the board and people not making nearly as much money, if they raise the interest rates the bubble is going to really burst...

You think the foreclosures are bad now, wait till the bottom really drops out..

A one world currency can't work because difference of Ideology..

Dilbert_X wrote:

Out of curiosity, what's wrong with a single world currency?

Somebody else controls your interest rate for their benefit, and all business moves to the lowest labour cost country much more quickly.

Oh, that's lovely if you believe in socialism, no?

Yeah well the sales going up are the 8k or 10% of value.. The inventories seem to be pretty high..

But raising rates means that you get less house for more money. A 100k Loan at 8% = 1 150k home at 5%, the trap factor is also going to weight in.. People are going to start leaving where they are and chasing what little work we have..

cpt.fass1 wrote:

Yeah well the sales going up are the 8k or 10% of value.. The inventories seem to be pretty high..

But raising rates means that you get less house for more money. A 100k Loan at 8% = 1 150k home at 5%, the trap factor is also going to weight in.. People are going to start leaving where they are and chasing what little work we have..

When I started Real Estate three years ago my county had 16k+ homes for sale on our MLS. Today it was in the 9K range. Is it the days where you would have a contract before the sign was in the yard? No. Is it showing signs of turning? Absolutely. Commercial lending is still verrry tight now though. I'm trading houses + cash to make it work (I'll give you my rental property plus cash for your business). Those who can are telling the banks where to go. Those who can..

I know the effects of raising rates.. and I know what it means to your business personally fass (If you are still doing it?). Dealing with the rate drops is one of the last hurdles on the way to recovery. No it wont be easy, but know that a devalued dollar will also kill the investment you have in your home.

LividBovine wrote:

Diesel_dyk wrote:

You know that the US should have raised interests about  18 months to 24 months ago to help curb the financial collapse. People could see the collapse coming so what that tells me is that the dump the dollar move was planned all along and represents one of the greatest heists of wealth in history.

IMO we're screwed.

More like 6 or seven years ago.  If you check out the housing bubble, you will see it was evident and overvalued then.

http://static.bf2s.com/files/user/25206 … een_r2.jpg

I think the dump the dollar movement has been going on for much longer than the last 10 years.  At one time it was an earned position.  It is now just a house of cards waiting to have someone pull on a card.  We have shifted from a producer and exporter to a service based importing society.  Oh how Rome will fall. 

I am building several solar hot water panels and looking for wood fired boiler for my house.  When the dollar tanks, I want to be a little more ready.

Wood fired is easy and cheap. Make sure you get the kind that uses pellets.

LividBovine wrote:

Nope, pellets for me.  I am going cheap here.  I have access to a lot of wood and it will all be free.  I am researching how to build my own wood gasification type boiler if I ever get the time.

Good luck regulating the temp automatically without pellets

http://www.nypost.com/p/news/business/d … D6530791C5

JohnG@lt wrote:

Diesel_dyk wrote:

I wonder if its not a coincidence that that we have the rise of an anonymous Internet that enables free expression of idea and the sharing of knowledge without repercussions and also have this push by central bankers to destroy the American dollar and create a new world currency.
Where that new world currency would reside in a layer of control above any democratic govt. Can you imagine, the elite of the world are siding with Red China a Russia over us on this. We are lambs and the slaughter is coming.

You know that the US should have raised interests about  18 months to 24 months ago to help curb the financial collapse. People could see the collapse coming so what that tells me is that the dump the dollar move was planned all along and represents one of the greatest heists of wealth in history.

Next step for the uber elite will be to create a new crisis and launch the Amero, my guess from the latest news is that it will come in three steps. 1. our so called friends and trading partners will dump the dollar and create a new reserve currency. 2. we will experience a crisis most likely an oil shock. and 3. Our so called friends will bail us out on the grounds that we adopt the Amero. The economic control envisioned by our founding fathers will suffer a coup de gras while we run around having tea parties.


IMO we're screwed.

Out of curiosity, what's wrong with a single world currency?

I would say we already have that... its the US dollar

What I don't like about a one world currency is the garbage that comes with it namely a super federal reserve.
There will be no accountability with these guys just like the IMF, world bank and if you think our senators are corrupt POS just wait when you add another layer of shit on top of them.

It all makes me think back to those books "Future Shock" where the author wrote the third world war would be waged by nation states against tribal peoples and look where we are, in places like Afganistan and Somolia trying to beat beack tribalism to install nation states --> ie bringing them democracy in new world order speak. all in order to consolidate every corner of the globe under the yoke of the central banking system. Which we all know first hand is an utter failure.

Anyway, I don't have a lot of faith in the money changers and I am really resenting the fact that my lifetime opportunity to do well for myself may be taken away so that some rich assholes can consolidate power.

I'm sure that there is some sort of upside to a global currency like getting away from currency manipulation on trade. Its just that I'm positive that the rules will be stacked and that the majority of people will be worse off and they will be left with little recourse to make changes democratically.

personally I don't think the future will look like star trek, I think its going to look more like firefly, better start learning your Chinese curses. dee-ou la ma low hai  lon yerng


Anyway the US dollar is tanking and IMO the US is experiencing the Afganistan effect just like the USSR did. We are burning through money while the rest of the world plots an economic war against us.