BevrFevr
Member
i hate to though a wrench in
I love all this arm chair ecomonics but it really does not have that much to do with how much money they print. They can double the amount of money they print and the value can still go up if the conditions are right.
The major factor in the cost of everything is the law of supply and demand.
I know most of you have heard of that so...
Did you know that China was a major supplier of lead to America? Did you know that after we stopped buy their lead painted toys last year the severly cut thier lead exports?
Now lets look at copper for brass. Guess who is buying all the copper up? Yup China. Did you know that the copper in a penny is now worth more than a penny? Yup. Why because there is a demand.
Now also, if you are looking at lumber, metals, gasoline, food etc. You know who is buying all that? Yup. China.
Thanks to Tricky Dick Nixon for opening the Doors to China and Clinton for selling them so much technology they now have a market for all these goods.
The only way prices are going to come down is not if the stop printing money but if the Chinese market somehow goes away.
Supply and demand fellas. And they have way more demand then we do. And Slave labor.
Rant off.
-bevr
I love all this arm chair ecomonics but it really does not have that much to do with how much money they print. They can double the amount of money they print and the value can still go up if the conditions are right.
The major factor in the cost of everything is the law of supply and demand.
I know most of you have heard of that so...
Did you know that China was a major supplier of lead to America? Did you know that after we stopped buy their lead painted toys last year the severly cut thier lead exports?
Now lets look at copper for brass. Guess who is buying all the copper up? Yup China. Did you know that the copper in a penny is now worth more than a penny? Yup. Why because there is a demand.
Now also, if you are looking at lumber, metals, gasoline, food etc. You know who is buying all that? Yup. China.
Thanks to Tricky Dick Nixon for opening the Doors to China and Clinton for selling them so much technology they now have a market for all these goods.
The only way prices are going to come down is not if the stop printing money but if the Chinese market somehow goes away.
Supply and demand fellas. And they have way more demand then we do. And Slave labor.
Rant off.
-bevr
