Posted:
#51
Vermeer,
Now you are not only fighting the envronmentalists, you are fighting the automakers and as for who to fear more, it is the automakers.
One thing we are not discussing..OPEC is an ologopoly..so unless we become completely independent of foreign oil, we are still susceptible to their pricing..and forbid the pricing to be weighted to a currency measure, holy crap.
If OPEC were to ever attempt those measures, you would see the FED scramble..and I mean seriously scramble.
I dont get it (different topic) how people do NOT understand the severe damage that the Fed is doing to our economy with this dollar devaluation. It is SEVERE...and it will take 10 yrs to unwind..what does the FED think will happen when they stop selling the greenbacks at the market and slow supply? You want to see economic damage, just start slowing and reversing policy. Want to see the market sub 10k start slowing this monster.
I dont see how it will not completely destroy our economy..I just do not see how. It will make this mortgage mess seem like a appetizer..
Now you are not only fighting the envronmentalists, you are fighting the automakers and as for who to fear more, it is the automakers.
One thing we are not discussing..OPEC is an ologopoly..so unless we become completely independent of foreign oil, we are still susceptible to their pricing..and forbid the pricing to be weighted to a currency measure, holy crap.
If OPEC were to ever attempt those measures, you would see the FED scramble..and I mean seriously scramble.
I dont get it (different topic) how people do NOT understand the severe damage that the Fed is doing to our economy with this dollar devaluation. It is SEVERE...and it will take 10 yrs to unwind..what does the FED think will happen when they stop selling the greenbacks at the market and slow supply? You want to see economic damage, just start slowing and reversing policy. Want to see the market sub 10k start slowing this monster.
I dont see how it will not completely destroy our economy..I just do not see how. It will make this mortgage mess seem like a appetizer..
0
PTEC; Count on me to ALWAYS do the wrong f&cking thing. Just can't seem to get out of my own way.
Hot Forum Topics
