Anyone willing to bet on a devaluation of the dollar when all the debt bubbles burst?

[playwrite]

(06-14-2016, 12:11 AM)Galen Wrote:

(06-07-2016, 08:41 AM)playwrite Wrote:


At some point, even the most dedicated sailor needs to abandoned a sinking boat - and the USS Libertarian has been underwater for years.  What so sad is, that over all these decades, it never left the dock - even the Titanic was operational for a few days.

You mean the fundamental mistake of ZIRP and QE.  Truth is, given the high levels of both public and private debt I would expect this graph.  Everyone is all borrowed up so I would not expect loans to keep in step with the money printing.  Don't expect any kind of recovery until the bust cycle that started in 2008 is allowed to complete.

Ah, so your "money printing" has nothing to do with banks, bank lending, fractional reserve lending?  I guess we don't have to worry much about false interest rate signals form an overly manipulative FED, ey?

that would not only seems to be a bit at odds with Mises and Rothbard, but pretty scary, no?