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Neal: Thanks for the article. It validated what I already surmised. When the US Government starts printing money to monetize debt and pay for programs that, Constitutionally is not authorize to enact, money will be flooded on the marketplace. Thus there will be too much money which means that its value goes down. <br> (For you government educated types, it is basic economic theory "supply and demand" in practice.) As John Schroder from Ascot Advisory points out, money is a commodity also. When there is too much out there its value drops, i.e. too much supply with inequivalent demand. <br> The only entitiy that benefits from this is the US Government as it tries to pay back its debt to Japan, China, and South Korea. The problem is that China sees this devaluation coming, and they laughed Timmy Geitner right out of the "Middle Kingdom" (That is what the name of China is in Mandarin Chinese.) when he tried to tell them that there is no worry about America's "uberspending". <br> <br> Why can't Americans wake up and see this? That one is easy Neal. (The government schools have done their job in keeping a whole generation of Americans dumbed down when it comes to economics.)<br> <br> As for me, I have dumped my America dollar holdings and have invested in Chinese companies, renmimbi, Brazilian Reals (Brazilian currency for you government educated types), and commodities. As Jim Rogers says about the dollar and the American economy, "The fundamentals are flawed."
By H. Reardon

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