Comments by "Frederick Miles" (@frederickmiles8815) on "Demand Is On For Cash As King Dollar Rises, Morning Babbling With U.E." video.

Great talk and I agree - treasuries (collateral) and USD (liquidity) will be king. Depression (deflation in the US) and hyper inflation in the countries whose currency are pegged to us. And I agree what is happening right now reminds me of the mistakes made by central banks in 29 through the early 30's. Junk bonds also scream out dollar demand - as junk bonds die it proves out the dollar scarcity nightmare that is coming.
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@wizzyno1566 DX-Y (dollar index) is in the high 90's and rising. Dont confuse cost of goods and services (CPI or trimmed CPE) with money supply. Actual inflation and deflation at all times in a monetary phenomenon (scarcity or surplus of USD). If you get caught up in narratives and dont engage in first principle thinking or you will lose the game. Do you understand deflation leads to higher wages in a short period of time, less jobs, and less production and therefore higher prices. Why - misallocation of dollars to service run away debt - that causes production to decrease and businesses to charge higher prices. Just study 1929 up until WW2, history repeats. Deflation conditions are as follows: high dollar, banks not lending, and sustained reduction in production that artificially keeps prices high. Once the fever breaks and zombie firms die - then you have a rock bottom of nothingness as the dead wood is cleared from the financial economy.
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@wizzyno1566 You dont understand monetary policy or treasury markets - i do this for a living. I will assume your a good actor and just ignorant. I will try and explain this in the simplest terms possible. Gold standard: currency (USD) issuance based on a ratio to gold held by US bank. You dont pay with gold at point of purchase you pay with USD. Keynesian fractional reserve banking - Fed creates reserve collateral out of thin air (base fiat in place of gold money) and banks use that in support of risk free lending - repo market - in our system dollars are created by bank lending, not by Fed creating reserve notes (repo collateral). Next month JNK will crash and TLT will go hyperbolic - deflation is here and the adults have already left equity and junk bonds. Hyperinflation is not possible in the US monetary system by design. It is important to understand what monetary inflation is - too many dollars competing for same or slightly higher supply - demand outstrips supply due to many dollars in circulation. Now think logically and look around - in the 70's dollar was weak and declining caused by decades of wage growth (to many dollars) wages growth decade over decade was strong and demand couldn't keep up, and banks were lending desire outstripped demand. For context at the end of the inflationary cycle in 1978 the dollar index was 84 - right now is at 95ish. The dollar will break one hundred soon - oil will drop in the near term, scream higher in intermediate and then plunge to super low numbers in Q2 as dollar demand starts to peak.
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@Strategic Housing Analyst I hope so, I am looking to upgrade to Newman or Starwood. After all I am already super close to the new PGA HQ and course ;-)
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@Strategic Housing Analyst Next leg up in life i will be paying cash only; no mortgage. I am guessing my future HOA, Insurance, and Property Tax will equal my current monthly mortgage, HOA, insurance, and prop tax since I built here like 4 years ago, lol. Plus my current rate is 2.25; I dont think I will see those rates again in my lifetime, inshallah.
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@Strategic Housing Analyst only 500K, considering my comp is over 200K annually so I am good, plus Frisco is one of the strongest suburbs in America. We all left CA, NY, and IL to come here and build a better community. Frisco is one of the best places to live in America - everything is brand new and state of the art. Public schools are 9's and 10's; we moved here from NYC 5 years ago when JPM built their new campus in Plano. Plus my VA comp is 90% so i placed no money down and only pay like 2800 a month, super cheap compared to my rent back in NYC, lol? My next step up will be 1.5 to 2 MM cash - how about you?
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@Senior Housing Analyst What is 'gyrating' I think you may have the wrong website bro lmao
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@Senior Housing Analyst 'pretzeling' i take it english isnt your first language? Are you upset that Winnie the Pooh fucked you and your 3rd world country into the ground? Are you waiting for Evergrande to finish off your women's shelter you can grab your best ladyboy outfit and move in?
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@Senior Housing Analyst i just want you to say 'oh me so horny, me love you long time' while dressed up like Winnie the Pooh in fuck me pumps..is that too much to ask? Third world scammers like you make me look forward to WW3 or at least watching Taiwan crush your weak ass beta male army and navy.
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@Senior Housing Analyst bro if i woke up with RMB in place of my holdings I would go on a killing spree lol. What is it like to be so beta that your women go to foreign countries to find actual men?
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@Senior Housing Analyst dipshit i live in Frisco - one of the most affluent suburbs in the America; I literally get monthly offers to buy site unseen - same as my neighbors. My appraised value is nearly 200k above what is remaining on my mortgage. This is America - not some third world shitbox pretending to be affluent and I get it the best and brightest or most corrupt in CCP land have one goal become American and get that cash offshore. But literally just do your research - i live in a gated community surrounded by folks who work in professional sports, own businesses, work in tech, or technology in banking.
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