Bitcoin Forum
December 04, 2016, 04:35:24 PM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2]  All
  Print  
Author Topic: U.S. dollar could 'collapse': UN  (Read 3450 times)
ISA
Jr. Member
*
Offline Offline

Activity: 48


View Profile
May 28, 2011, 09:02:31 PM
 #21

I'd welcome lots of inflation with open arms.  With your net worth is negative, it helps.  Smiley
True Smiley

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480869324
Hero Member
*
Offline Offline

Posts: 1480869324

View Profile Personal Message (Offline)

Ignore
1480869324
Reply with quote  #2

1480869324
Report to moderator
ISA
Jr. Member
*
Offline Offline

Activity: 48


View Profile
May 28, 2011, 10:35:17 PM
 #22

Debt reduction.
That's the reason the US can welcome an inflation as long as it doesn't get out of control.

eturnerx
Member
**
Offline Offline

Activity: 70


View Profile WWW
May 28, 2011, 11:49:06 PM
 #23

Since I'm not in the US and there is few people changing BTC into my native currency, I discount much of the MTGox USD rises by the relative increasing weakness of the USD.

WatchMine - get Bitcoin prices and pool stats on your Mobile
billyjoeallen
Legendary
*
Offline Offline

Activity: 966


Hide your women


View Profile WWW
May 29, 2011, 12:19:54 AM
 #24


the economy is in trouble if interest rates rise.
the economy is in trouble if interest rates stay at the zero bound.
the economy is in trouble if the dollar strengthens.
the economy is in trouble if the dollar weakens.

http://www.safehaven.com/article/20703/bernankes-qex-box

if anything, the author understates the problem, but the point is sound. The economy is going to tank, but that could mean EITHER hyperinflation or a deflationary death spiral. The best hedge agains an unknown like that is not an alternative currency but an alternative economy.

insert coin here:
1Ctd7Na8qE7btyueEshAJF5C7ZqFWH11Wc

Open an exchange account at CampBX: options, lowest commissions, and best security
https://campbx.com/register.php?r=0Y7YxohTV0B
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!