the dollar

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11 Important Points “Deflationists” Miss (And Why They’re Wrong)

by Aaron Krowne Founder, ML-Implode.com Many have generated ample prose lately in the latest rumble in the deflationist/inflationist street brawl (a debate still largely ignored by the mainstream media, which continues to broadcast little besides the “Carry On, All Is Fine” message).   So I won’t add any more to that prose.  But I did want […]

6Apr2011 | | 6 comments | Continued
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State Banking Is Not Enough For A Stable Economy: Sound Money Is Needed

An explanation of public banking, prominent arguments for it, and the need for sound money as the foundation of the monetary and banking system even if public banking is utilized.

5Apr2011 | | 7 comments | Continued
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China Embarks on “Five Year Plan” To Dump The Dollar

There has been a lot of well-meaning talk about the “threat” of China dumping the dollar, with precious little discussion of potential mechanisms. Here I expound on a a ZeroHedge piece that just came out announcing China’s expanded Yuan settlement facilities, which imply China is actually well underway on its path to explicitly driving the stake into the heart of the dollar once and for all. It is only a matter of time until we arrive at wholesale regime change for the dollar-dominated international trade system.

2Mar2011 | | 1 comment | Continued
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Yes Virginia, The Chinese CAN Dump The Dollar

I’m surprised how persistently I see the dubious assertion that the Chinese “can’t away from the dollar because they own so many of them”. A related argument is that they are “stuck in dollars because of the trade deficit”. They certainly can move away from the dollar, though, and to do so, all they need to do is keep doing what they are already doing, and they will soon be positioned for a major transition.

26Jan2011 | | 10 comments | Continued