Vinny’s Blog

Generally I avoid publishing things on weekends…but this one is long and you need to read a lot and more importantly understand a lot so I decided to publish this over the weekend…….
– This article is old it’s from October-2008. To read the latest on USD click here . To read all about currencies since [...]

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This is a very complex concept to explain. I had trouble explaining this to my friends. I had been trying to find a better way for explaining this concept.
Most people even those who work in banks don’t konw answer to these questions.
How did banking started ?
Where does money come from ?
How debt is created ?
How  credit [...]

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Per me, Value of USD will decline it’s not a question of IF but it’s more like WHEN……….
It’s well known that China has lots of US dollars 1.8 Trillion dollars to be exact, Japan has approx 1 Trillion, India approx 250 billion and Russia approx 450 billion.

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In a previous post you read about what is going on with Money Market Fund accounts. If you don’t remember what was in the previous post because you had a nice long relaxing weekend. Please click on link below to refresh your memory.

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Believe me I did not want to write anything today. I went to a racetrack past weekend and I have tons of photos to sort through and actually wanted to write something about that experience becaue it’s more fun. But so much is happening in the markets this week that it’s impossible for me to [...]

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