Category Archives: U.S. Dollar

Gulf of Mexico Oil Spill Blog U. S. Credit Rating Downgraded

U. S. Credit Rating Downgraded United States credit rating downgraded The United States lost its top-notch AAA credit rating from Standard & Poor’s, in a dramatic reversal of fortune for the world’s largest economy.     S&P cut the long-term US … Continue reading

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Gulf of Mexico Oil Spill Blog NIA Exposes Debt Ceiling Truth

NIA Exposes Debt Ceiling Truth NIA hasn’t written about the whole debt ceiling issue over the past few weeks because in our minds it is completely irrelevant. Our elected representatives in Washington along with the mainstream media have been wasting … Continue reading

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Posted in Hyperinflation, Inflation, U.S. Debt Ceiling, U.S. Dollar, US Treasuries | Tagged , , , , , , , , | 3 Comments

Gulf of Mexico Oil Spill Blog End of an Empire

End of an Empire Analysis – Dollar on front line in U.S. debt ceiling battle By Steven C. Johnson Reuters) – Fear the United States will lose its AAA credit rating or even default on its debt is driving foreigners … Continue reading

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Gulf of Mexico Oil Spill Blog US Dollar Hegemony 5 Dollar Gas Prices

US Dollar Hegemony 5 Dollar Gas Prices US dollar hegemony has got to go (2002) By Henry C K Liu There is an economics-textbook myth that foreign-exchange rates are determined by supply and demand based on market fundamentals. Economics tends … Continue reading

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Gulf of Mexico Oil Spill Blog PetroDollar Scam

PetroDollar Scam Back in 1971, the USA printed and spent far more paper money than it could cover by gold. Few years later, French demanded redemption of its paper-dollar holdings in gold. But the USA rejected as it actually didn’t … Continue reading

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Gulf of Mexico Oil Spill Blog U.S. Dollar Plunge

U.S. Dollar Plunge U.S. dollar’s dizzying drop wreaks economic havoc by KEVIN CARMICHAEL The U.S. dollar’s long decline has turned into a sudden plunge, throwing currency markets into a frenzy that is complicating life for policy makers and executives the … Continue reading

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Gulf of Mexico Oil Spill Blog U.S. Dollar Over the Cliff

U.S. Dollar Over the Cliff U.S. Dollar Collapse Could Occur at Any Time   China this morning reported 4.9% price inflation for the month of February, exceeding analyst expectations of 4.8%. With China now mimicking the U.S. Bureau of Labor … Continue reading

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Gulf of Mexico Oil Spill Blog Coffee Rises on Speculation U.S Dollar Devaluation

Coffee Rises on Speculation U.S Dollar Devaluation Java jolt! Coffee prices are boiling over By Aaron Short Your daily cup of black coffee could soon leave you in the red. Two big-time Brooklyn roasters have raised their wholesale prices by … Continue reading

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Gulf of Mexico Oil Spill Blog U.S. Dollar Reserve Currency Decline

U.S. Dollar Reserve Currency Decline Why Dollar’s Reign Is Near An End For decades, the dollar has served as the world’s main reserve currency, but, argues Barry Eichengreen, it will soon have to share that role. Here’s why and what … Continue reading

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Gulf of Mexico Oil Spill Blog Federal Reserve vs Reality

Federal Reserve vs Reality   The Chasm Between Consumers and the Fed by Floyd Norris INFLATION in the United States is low, and seems to be going down if it is moving at all. The Federal Reserve thinks it will … Continue reading

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