The way all commods are tanking with the paper markets and USD is strong points to no fear of inflation in the market and backs my thought that we are in a deflationary period. They could “print” tons more money/debt and still not cause real inflation because so much of our perceived money supply has been lost on housing values and investments unwinding.
This tank job was catastrophic for those near retirement but for the younger folks like myself this is what will likely secure my not needing to eat dog food in my later years.
Here’s a rant I wanted to post for awhile. Call me wacko if you wish.
It’s all make believe here in the US…roads, bridges, monuments, hospitals…everything has been created by fiat bullshit currency. It’s funny what the US has done on loan more less…a loan they could never possibly pay back. Look at the vast empire we’ve built here…all on a farce. Yet it’s done and here to stay so it’s tangible.
The US is perhaps the most crafty, conniving nation in the history of the world. The country with the biggest GDP and most workers/output can conquer all with what fiat and fractional lending has done for the US. The fact that our currency is…scratch that HAS collapsed (more less) and is backed by air is proof that they have paid workers in defaulting IOU’s it would seem. I’m beginning to wonder who the idiot is here though. Me who tries to live within my means while saving shrinking USD along the way, or the frivolous people? They are imitating what the US has done and which has worked so well to build an empire. They are buying things they can’t afford just as the US government does decade after decade. I seemingly will have nothing left as the USD becomes stretched further and further thanks to inflation devaluing my unbacked savings vehicle. Those that drink their paychecks away will at least have had fun doing it. Those that are spend happy will have tangible items where I will have defunct currency in a defunct bank account. As they say…live & learn right?
Rant back on the forum…please. I love to rattle cages and provoke thoughts. If I can turn just 1 person on to become a free thinker I’ll be a happy man!
http://www.tradersbase.com/forum/general-discussion-misc/751-us-all-illusion.html#post4414
http://www.tradersbase.com/forum/general-discussion-misc/686-insert-rants-here.html
I created the above thread to get some stuff off my chest. I rant about stuff alot, now I have somewhere to keep all those thoughts and have others join in to try and formulate a solution perhaps. Or to tell me I’m a lunatic, but either way I want you’re participation.
Excerpt:

Don’t let the government or lenders pull the wool over your eyes. They are in the belly of this horse handing out credit cards and loans. They are inflating the money supply beyond that which is healthy. They are tricking you into thinking you NEED everything you see on tv. They have enabled you to live beyond your means. They are ruining this country, if not the worlds financial future and economy. If they can’t be stopped or held accountable it’s OUR job as consumers to remove our heads from our asses do the right thing. If you can’t afford to pay for it RIGHT now, you can’t afford it. If you don’t need it, don’t buy it. It sounds so simple, but the ads and brainwashing that goes on makes people really throw logic to the curb and go with artificial impulses.
Where are my independent thinkers? Join me in giving logic and common sense some legs, let’s return these traits to our people.
Cost of the 2008 economic stimulus package = insta-flation of < $196 BILLION
Cost of hosting this forum = $50 per month.
Being able to voice my opinion = Priceless
For everything else there’s common sense.