Re: Hooimijt januari 2013
Posted: 14 Jan 2013, 17:53
Straks in de VS en ... in wat mindere mate in de EU ook ...
This video from Belarus is one of the forms of Currency Induced Cost Push Inflation that always occurs in dire business conditions. It is a concept that very few seem to be able to get their heads around.
Inflation for some reason is only understood as a product of too much demand, or a supply starvation.
A 20% fast loss in value in the US dollar, the reserve currency by default, would have a profound impact on prices internally and externally much greater than the percentage loss of the currency.
The US dollar has a downside price objective of USDX .0056, the basic reason why gold will trade at and above $3500.
Respectfully,
Jim
This video from Belarus is one of the forms of Currency Induced Cost Push Inflation that always occurs in dire business conditions. It is a concept that very few seem to be able to get their heads around.
Inflation for some reason is only understood as a product of too much demand, or a supply starvation.
A 20% fast loss in value in the US dollar, the reserve currency by default, would have a profound impact on prices internally and externally much greater than the percentage loss of the currency.
The US dollar has a downside price objective of USDX .0056, the basic reason why gold will trade at and above $3500.
Respectfully,
Jim