What happens when a country prints too much money ? well, it’s simple too much of anything will make that thing loose it’s value…whether it’s money or food or clothes anything. Too much of anything will make it less valuable.
Here is 60 min. video interview with Fed chairman…real message is towards the end of this [...]
Entries Tagged as 'Gold'
-Finally gold as money.
March 17th, 2009 · No Comments
Tags: Currencies · Finance & Economy · Gold
-American Economy How did we get here ?
December 7th, 2008 · No Comments
Sorry guys I was absent for a while you see my blog is mostly about economy and little about travel and photography and I want to keep it that way also because these 2 subjects are very independent. No matter which political party/country/religion you belong to economy affects everyone the same regardless of your background. [...]
Tags: Finance & Economy · Gold
-USD value to decline ?
September 30th, 2008 · No Comments
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.
Tags: Currencies · Finance & Economy · Gold
-Your Cash, USD and Gold II
September 17th, 2008 · 2 Comments
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 [...]
Tags: Currencies · Finance & Economy · Gold
-USD and Gold
September 14th, 2008 · 1 Comment
I had been busy a lot and that is why since beginning of September I could not dig much on economy. This weekend I decided I will write something and phew ! the weekend just flew by. Friday I returned a little late from work.
Tags: Currencies · Finance & Economy · Gold