Craig, I must ask, why did you create a thread entitled "The Dollar Bubble" when you believe there is no bubble? I'm not trying to offend or anything, but it's contrition in nature.

Obviously a thread titled "The Stable Dollar" would have gotten no attention. so maybe you are conducting some type of survey to see how many people thing the dollar is toast. I dunno.

I have enjoyed the thread, and my point of view is very evident. I'm probably a little over pessimistic, and "They" can kick the can down the road a little further, but ultimately, all fiat currency return to their intrinsic value of "0" (with the exception of humanistic coins/notes) has been proven time and time again. So the real question is How close to the dollar bubble are we? From what I remember, your time frame is 5-10 years, which is very reasonable, but the problem with that philosophy, even if correct, is that what if you are wrong?

If you by some small chance are wrong, then you are ill prepared for a short period of chaos. Gold and Silver will protect you (provided it's accompanied by smith&Wesson) during that turmoil.

People invested in paper, unknowingly continue the ponzi scheme of fractional reserve lending and when the house of cards fall, those are the people that will get burned.

GM house of cards fell, allot of people took it on the chin, because they have taken the "Blue" pill.

I'm not calling for a Wiemar" type hyperinflation, I cannot see that happening for several reasons, but I do see a period of very high inflation (10% jump in prices a couple times a year, or 20-30% in 2011), a few months after the reserves at the fed are released and the money gains velocity.

The surge in commodity prices in 2010 are just the beginning, the prices will trickle down to consumers in a few months, and we'll have to wait and see what the commodities do this year.

As an experiment, you think we should put together a bundle of items, price them and track the prices throughout the year? I'm willing to wager that 1/2 of those items will increase by 10% in 2011.

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