Generational Dynamics Forum - New Site

The price of gold -- in any given currency -- is determined by the marketplace. Nothing else. The value of a currency -- relative to another currency -- is determined by the marketplace. Nothing else. The price of ANYTHING is determined by the marketplace (unless its specifically set by a governmen...

Well, this question of negative interest rates is being addressed this weekend. President of the Chicago Fed says below zero rates are not possible. Wonder what he means by that, if he's referring to fed funds or otherwise. Fed funds are the first layer of bank reserves, referred to as primary reser...

Somehow this discussion of Federal Reserve Notes and Treasury Bills seemed to be a rehash of a previous discussion on this forum. In fact it was previously discussed under the topic of "Defensive Interpretation of Generational Dynamics" in October. http://generationaldynamics.com/forum/viewtopic.php...

> I should mention that this situation is vastly different from that > in the 1930s where the Federal Reserve Notes were backed by gold > and since it is impossible for gold to default, it was impossible > for Federal Reserve Notes to lose value in the marketplace unless > the government came in an...

US government default So can you explain how the US government CAN default when our debt is in dollars, which are backed by nothing and we can print any quantity of dollars we want at any time? The Fed just printed $2 trillion worth in the last 6 months, with no transparency at all . Congress just ...

US government default I'm not sure I'm smart enough to follow that interview you posted about. Here's one quote from the interview: "It’s stupid for people to hold currency. The Fed can simply print all they want at very low cost. Paper money is as abundant as leaves on trees" I'm not sure how that...

I've been researching this topic some more and reviewing some of the past articles I've read that touch on this subject. The quote below is from a 1991 interview with John Exter where he discusses the sort of thing we've been discussing here with regard to treasury bills vs cash (Federal Reserve Not...

Let's look at some of the options: Cash. This is by far the best choice for most people. If you live in a house with a basement, you should find a way to bury some cash there. Or in your mattress. Otherwise, an FDIC insured bank account is probably the best choice, but keep an eye on events, and be...

I agree with this analysis, but it still never ceases to baffle me. Krugman and Roubini get everything wrong, and yet each error seems to make them even more respected. How can that possibly be? But this is why there HAS to be a big generational stock market crash. People will go on believing the K...

My point isn't so much to blow my own horn, but to back up what John said about Roubini. Roubini was years behind laymen like me and I was reading about a lot of this stuff before I started writing about it... Japan spent its government out of its credit rating and it had the US bubble to prop it a...