Friday, June 17, 2011

Laffer's trickle down economics + $'s exported = 1-2 punch

Laffer's trickle down economics + $'s exported = 1-2 punch

Laffer makes us peons pee-ons.

On the other hand, most of the trickling down has been outside the usa resulting in a real threat of hyperinflation in the usa as $'s return home to find few goods & services to attach to, resulting in hyperinflation.

Fortunately, $'s will also attach themselves to gold and silver which is desired worldwide causing those holding gold and silver to get even higher prices than the meager and questionable goods and services produced in the usa.

Usa Goods are questionable because most manufacturers are looking at last quarter's profits instead of market share 10, 20, 30 years from now.

Usa Services are questionable because the public educational system allows unqualified young men and women to graduate high school or drop out before graduation.

So dollars will attach themselves more to imported goods resulting in even higher prices since the dollar is de facto much weaker than all the other currencies.

Hyperinflation will prove the dollar's true weakness as prices take off for the sky.

When the gold and silver prices explode then all usa residents will get the last laff (sic) when they realize how much toiet paper dollars have been created and then the formerly sleeping beauties and non-beauties in the usa will trickle up on what Max Keiser calls the "Troika" (wall street bankers and government and mainstream media).

The trickle will become an unstoppable flow and wash the Troika and their higher ground into the soggy, muddy back pages of history.

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