Quote from: 1Referee on December 02, 2014, 01:20:53 PM

Quote from: toknormal on December 01, 2014, 11:49:56 PM

Quote from: 1Referee on December 01, 2014, 09:50:31 AM

I don't listen to news sites and people who are hoping that the USD will fail. It just won't happen.

Would care to elaborate on the reasoning that brought you to this conclusion ?

I think I know why it's not failing right now despite the massive expansion (x5) of the USD "coin supply", but I can't see those conditions sustainable for a long period.

For example, what makes you so confident that the trillions backed up on Fed balance sheets, or the Chinese held $1T in USD bonds or the Japanese held $1T in USD bonds or the huge amounts of dollar denominated sovereign wealth funds held by the Gulf region countries won't find their way back out into the markets ?

There are so many speculators at this moment hoping for the USD to vanish and leaving a trail of destruction behind, all for their own benefit.

Why am I supposed to agree with what they say? At this point the entire world economy is at risk if something happens with the USD.

Would they rather let the USD burn or will they take every necessary step to prevent it from failing. I go for the last.

Print moar, then it will never fail. Because of the military.