Comments on: Hegemony in Question http://dailyreckoning.com/hegemony-in-question/ Entertaining Ideas on the Economy, Markets, Gold, Oil and Investing Strategies. Fri, 10 Feb 2012 20:51:01 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: mannfm11 http://dailyreckoning.com/hegemony-in-question/#comment-28351 mannfm11 Wed, 23 Sep 2009 07:47:04 +0000 http://dailyreckoning.com/?p=18510#comment-28351 Why don't China just raise the value of their currency and collateralize it if they don't want any more dollars? Not much of the world would buy Chinese crap if they raised their employees pay to $3 an hour. Why don’t China just raise the value of their currency and collateralize it if they don’t want any more dollars? Not much of the world would buy Chinese crap if they raised their employees pay to $3 an hour.

]]> By: TC http://dailyreckoning.com/hegemony-in-question/#comment-28327 TC Wed, 23 Sep 2009 04:04:32 +0000 http://dailyreckoning.com/?p=18510#comment-28327 At this stage of the game, the dollar is no longer a fiat money issue to be manipulated by central banks. It is now a geo-political issue with giant military, international trade and economic implications. The dollar has become pawn in a most serious game, that of how each major country will come out ahead once the winds smell just right to dump the dollar. The US will come up a loser no matter what. This is price to pay for 15 years of unfettered irresponsibility. At this stage of the game, the dollar is no longer a fiat money issue to be manipulated by central banks.

It is now a geo-political issue with giant military, international trade and economic implications. The dollar has become pawn in a most serious game, that of how each major country will come out ahead once the winds smell just right to dump the dollar. The US will come up a loser no matter what. This is price to pay for 15 years of unfettered irresponsibility.

]]> By: Hank http://dailyreckoning.com/hegemony-in-question/#comment-28295 Hank Tue, 22 Sep 2009 23:59:45 +0000 http://dailyreckoning.com/?p=18510#comment-28295 and when has any government acted rationally in recent history Jeff? and when has any government acted rationally in recent history Jeff?

]]> By: Jeff http://dailyreckoning.com/hegemony-in-question/#comment-28274 Jeff Tue, 22 Sep 2009 20:49:45 +0000 http://dailyreckoning.com/?p=18510#comment-28274 As to "what it would take", I don't think so. 1)China won't move 'quickly' because to do so would set off the USD time bomb 'they' are now holding, patience is what they have and need. 2) Huge inflation in the US requires all the other Central Banks to STOP inflating their own currencies, won't happen. 3) Treasury Bond sales are now so twisted and tortured in their reporting that you will never know if the 'foreigners' are not buying (they likely have already stopped). As to “what it would take”, I don’t think so. 1)China won’t move ‘quickly’ because to do so would set off the USD time bomb ‘they’ are now holding, patience is what they have and need. 2) Huge inflation in the US requires all the other Central Banks to STOP inflating their own currencies, won’t happen. 3) Treasury Bond sales are now so twisted and tortured in their reporting that you will never know if the ‘foreigners’ are not buying (they likely have already stopped).

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