RE: The Return of Inflation

[swissclive]

Definitely not a debt jubilee. Then we would have losers. You watch when it happens. The world will dance for joy.

Comments

[theroadtoriches]

I'm already dancing for joy.. in my living room.. with my daughter.. to "video killed the radio star".

But no losers? There's always losers. What makes this time different?

[swissclive]

Here is another clue:
2026: Latest Prices:
Microsoft nUSD 66.76
Apple nUSD 1742.77
Ford nUSD 59.46
Gold nUSD 4’349.42 (USD 6’764.54 in London)
Crude oil nUSD 231.76 (USD 345.65 in Dubai)
nUSD/nGBP 1.4523
nEUR/nUSD 1.1856
nUSD/nJPY 114.34
nUSD/USD 1.4980

You will dance to “nUSD killed my credit card”

[theroadtoriches]

Is this a clue that you are from the future?
If so I will take a screenshot just in case.

• So you're saying that credit cards will become obsolete.
• You're implying there will be a world currency called the USD and a domestic USD currency. (the exchange rate is slightly off when I ran the nUSD/USD cross rate against the london and dubai USD)

I'm guessing to get around the triffin dilemna.

• You're reeeally bullish on Apple... and Ford... but not Microsoft.
• You think there will be inflation. Both Gold and Oil are way up in your depiction.

[swissclive]

LOL time-machines are such fun. The only problem with time-machines is that every time you go back, the future is changed, and not like how you left it. They are therefore not much use in predicting share prices or the winner of the next horse race.

[swissclive]

The exchange rate being slightly off when you compare the cross-rate is simply due to future restrictions on large movements of capital. You can have 3 exchange rates for the same thing, one in New York, one in London, and the third in Dubai. In such circumstances, arbitrage is not allowed.

[theroadtoriches]

Sure, so was that in fact your prediction? A world currency not tethered to an individual country?

[swissclive]

No, it’s much better than that... but that would be an interesting idea.