Dollar starts to recover.
Whispers of this, hints of that.
But what is it really, making petro dollars phat?
I've been saying the following for about two years behind a paywall.
I think the moment has come to let it out at no charge,
as an ATS exclusive. It goes like this.
First dream land, then reality.
Imagine in dream land what would happen
if every single person in America was given
one million dollars, but no one spent any of it.
Not one thin dime. There would be no inflation.
People picture wheelbarrows full of money to buy bread.
But if no one spends any of it, then there is no inflation. None.
These companies that got all this bailout money,
the problem is that they are not spending it.
They are not hiring, they are not buying.
All that money is their war chest
in case the government
some new comments.
See, you can't have inflation
at the same time you don't have
any job growth or increase in wages.
Of course the dollar is still rock solid.
Hell I can get an entire meal at McDonalds
for seven bucks. How is that even possible?
I can still get my yard cut for twenty dollars. Some things are going up, sure. But anyone who bets against the US dollar is going to lose in the
long run. We are not too-big-to-fail. We are too big to notice all the invention, creativity, and value-added that goes on here in this country.
Every year, every month, week, day, and hour.