Comments on: An Avalanche of Claptrap http://dailyreckoning.com/an-avalanche-of-claptrap/ Economic News, Markets Commentary, Gold, Oil and Investing Strategies. Fri, 25 May 2012 17:56:48 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Lost & Found http://dailyreckoning.com/an-avalanche-of-claptrap/#comment-9286 Lost & Found Mon, 25 May 2009 19:37:56 +0000 http://dailyreckoning.com/?p=15908#comment-9286 not so sure investors will not buy treasuries knowing the dollar goes down not so sure investors will not buy treasuries knowing the dollar goes down

]]> By: Dennis (EU) http://dailyreckoning.com/an-avalanche-of-claptrap/#comment-9040 Dennis (EU) Sat, 23 May 2009 10:18:22 +0000 http://dailyreckoning.com/?p=15908#comment-9040 As we live in a globalised economy, the very same will happen at the very same moment in the EU, UK and Australia. Anyway, we have still some time to prepare, precious time, costly time, bought for us by our own Governments...thanks ha!! ha!! As we live in a globalised economy, the very same will happen at the very same moment in the EU, UK and Australia.
Anyway, we have still some time to prepare, precious time, costly time, bought for us by our own Governments…thanks ha!! ha!!

]]> By: CommonCents http://dailyreckoning.com/an-avalanche-of-claptrap/#comment-9031 CommonCents Sat, 23 May 2009 08:10:59 +0000 http://dailyreckoning.com/?p=15908#comment-9031 Good article Bill, now how do we protect ourselves? I know gold, silver and oil are the standard answers, but there has to be other worthwhile investments. How about housing? People will still need a place to live, would rental properties be wise? If inflation hits (as I expect) you can always raise the rents. If deflation hits, rents would have to lower but buying power would be up. Home prices are low right now and rates are unprecedented, long term loans on housing to be paid back with inflated fiat dollars sounds like a good play at this time. What's your opinion? Food, clothing, etc.... Good article Bill, now how do we protect ourselves? I know gold, silver and oil are the standard answers, but there has to be other worthwhile investments. How about housing? People will still need a place to live, would rental properties be wise? If inflation hits (as I expect) you can always raise the rents. If deflation hits, rents would have to lower but buying power would be up. Home prices are low right now and rates are unprecedented, long term loans on housing to be paid back with inflated fiat dollars sounds like a good play at this time. What’s your opinion? Food, clothing, etc….

]]> By: JMR bayou bobby http://dailyreckoning.com/an-avalanche-of-claptrap/#comment-9021 JMR bayou bobby Sat, 23 May 2009 06:04:34 +0000 http://dailyreckoning.com/?p=15908#comment-9021 Good column, well done. Donner party, indeed! They may not feel so much as imbeciles, rather they will exchange a lean and hungry look. Good column, well done.

Donner party, indeed! They may not feel so much as imbeciles, rather they will exchange a lean and hungry look.

]]> By: Joe Martinez http://dailyreckoning.com/an-avalanche-of-claptrap/#comment-9006 Joe Martinez Sat, 23 May 2009 01:36:23 +0000 http://dailyreckoning.com/?p=15908#comment-9006 Banks have been printing money for years. Any banks that is leveraged 10 to 1 or 25 to 1 or even 50 to 1 has printed money. They cut the check and loan out the money with or without collateral. No collateral is no problem because the banks will just packet those loans into some type of vehicle and trade them with other banks as collateral for something that doesn't have any collateral. You see this is the beauty of fiat money. You can create out of thin air, packet it, add it to our GDP, pay yourself a commission, sell it, pay yourself another commission, buy it back, pay yourself another commission, write it off and then sell it to Uncle Sam and pay yourself another commission. You see this is the Greatest Country in the world and we know that the rest of the world needs us because we are so cool. So the banks will continue refinancing their commercial loans and paying themselves more commissions and everything is going to be what it is. Banks have been printing money for years. Any banks that is leveraged 10 to 1 or 25 to 1 or even 50 to 1 has printed money. They cut the check and loan out the money with or without collateral. No collateral is no problem because the banks will just packet those loans into some type of vehicle and trade them with other banks as collateral for something that doesn’t have any collateral. You see this is the beauty of fiat money. You can create out of thin air, packet it, add it to our GDP, pay yourself a commission, sell it, pay yourself another commission, buy it back, pay yourself another commission, write it off and then sell it to Uncle Sam and pay yourself another commission. You see this is the Greatest Country in the world and we know that the rest of the world needs us because we are so cool. So the banks will continue refinancing their commercial loans and paying themselves more commissions and everything is going to be what it is.

]]> By: tom delaat http://dailyreckoning.com/an-avalanche-of-claptrap/#comment-9001 tom delaat Fri, 22 May 2009 23:39:51 +0000 http://dailyreckoning.com/?p=15908#comment-9001 is it possible that the fed will become the largest holder of us treasuries, so when the selling begins, the foreign govts are able to unload their dollars, and the fed keeps theirs, never trying to unload them....thus switching places with china, japan, russia, and the arab holders? is it possible that the fed will become the largest holder of us treasuries, so when the selling begins, the foreign govts are able to unload their dollars, and the fed keeps theirs, never trying to unload them….thus switching places with china, japan, russia, and the arab holders?

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