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It appears to me that being:
(a) "short" of Fed Dollar "claims over Value"; and
(b) "long" of "Value" - producing assets isn't going to be a bad strategy these next few years.

"Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky
by ChrisCook (cojockathotmaildotcom) on Sat Apr 28th, 2007 at 05:26:00 AM EST
[ Parent ]
isn't it a great thing about free markets.  you can make that bet, and if your insight is better than the market, you can make a fortune.  good luck.
by wchurchill on Sat Apr 28th, 2007 at 05:31:41 AM EST
[ Parent ]
Oil isn't priced in Dollars: Dollars are priced in Oil.

Heads Oil wins: Tails the Dollar loses.

Unfortunately it's the entire planet that has become the stake in the Dollar vs Liquid Fuels wager.

"Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky

by ChrisCook (cojockathotmaildotcom) on Sat Apr 28th, 2007 at 06:40:25 AM EST
[ Parent ]
Would you be willing to write a diary on the Simon-Ehrlich wager?

Bush is a symptom, not the disease.
by Migeru (migeru at eurotrib dot com) on Sat Apr 28th, 2007 at 05:37:29 AM EST
[ Parent ]

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