another big hit for the us dollar ...., page-3

Oh what utter nonsense, it amazes me how people close their eyes to reality in order to ensure they scenario remains intact in their mind.

People take the evidence available then make it fit their scenario rather than look at where the weight of evidence leads them.

The Yuan is the dodgiest currency on the planet, credit expanded by 35% of GDP in the last year alone, they print at a rate that would make Bernanke blush yet its still about the "noose around the neck of the USD". Japans debt is twice that of the US and they have been printing YEN like crazy for a decade and yet its all news is still contrived to be about the downfall of the USD.

The world is about to rush to Yuan as a safe haven ? really?

China , a totally centrally planned, closed and managed economy thats monetary policy makes the Fed look like a thrift center, yets its still about the USD. Australia prints and expands credit like the boom could and will never end but we Australians are fixated by a USD crash.

Wake up ! It doesnt matter how many times you repeat the USD will collapse mantra the evidence is stacked against that outcome.

http://shanghaiist.com/2011/12/20/chinas_economy_headed_for_downfall.php

What astounds me is that people dont follow their own theories consistently , if the USD is printed and credit expands it will APPARENTLY cause hyperinflation , YET NOT WHISPER about the Yuan, which is expanding faster than any currency in the world. When the US does it means one thing, when China does it its apparently the start of their rise to dominance as a world power.

Yet these folk are silent when you point out the facts, they find it impossible to engage a debate when its based on reality

http://www.cqcabusinessresearch.com/2011/12/12/china-has-the-most-valuable-money-supply-in-theworld/

All they can do is repeat the mantra based on US prejudice and hatred, its not fact based economic analysis its simple prejudice that blindly promotes a centrally planned government controlled mercantilism over centrally planned Fed inspired capitalism.