Deflating currency watch

tonyotag · 10-10-2008, 01:21 AM

Hello,

Go to this site to see how high the dollar will go!

http://stockcharts.com/charts/gallery.html?%24usd

it is in gallary view and is the USD index comprising the united states dollar value compaired to other currencies. It seems like as long as the dow keeps going down that the dollar becomes more faviorable to hold. as of this post at end of day reading, the currency of the USD is at 81.25, an around 13% jump (ie a 13% deflation) from the several year low of july 14 or 15, 2008 reading (81.75/71.31 = 1.1393913 -1 = 13.94% increase of the dollar.) A rule of thumb is that every day that a currency's value increases is that the goods under the currency become less valuable (deflation.) See gasoline prices on the NYMEX (takes a month to realize the value at the local market place.) We may not today know how valueble the currency is, but businesses will be able to conduct more profitable business when the time comes of liquidity (if the banks and banksters ever do not try to rule this world) of thier bank credit lines (more loans to business, or the same amount of money that deflation causes more uses of the same amount of money.)

Just a hint that we may see a true deflationary enviroment soon (more profitable suppliers in the market (from your labor to their sale at the register.))

tonyotag

Disclamer: I am in waiting phase to see what would happen yet, this is the best 4D movie yet!!!

10-10-2008, 01:21 AM	#1
tonyotag Avalon Senior Member Join Date: Sep 2008 Posts: 47	Deflating currency watch Hello, Go to this site to see how high the dollar will go! http://stockcharts.com/charts/gallery.html?%24usd it is in gallary view and is the USD index comprising the united states dollar value compaired to other currencies. It seems like as long as the dow keeps going down that the dollar becomes more faviorable to hold. as of this post at end of day reading, the currency of the USD is at 81.25, an around 13% jump (ie a 13% deflation) from the several year low of july 14 or 15, 2008 reading (81.75/71.31 = 1.1393913 -1 = 13.94% increase of the dollar.) A rule of thumb is that every day that a currency's value increases is that the goods under the currency become less valuable (deflation.) See gasoline prices on the NYMEX (takes a month to realize the value at the local market place.) We may not today know how valueble the currency is, but businesses will be able to conduct more profitable business when the time comes of liquidity (if the banks and banksters ever do not try to rule this world) of thier bank credit lines (more loans to business, or the same amount of money that deflation causes more uses of the same amount of money.) Just a hint that we may see a true deflationary enviroment soon (more profitable suppliers in the market (from your labor to their sale at the register.)) tonyotag Disclamer: I am in waiting phase to see what would happen yet, this is the best 4D movie yet!!!