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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Kailash who wrote (4147)12/30/2003 10:53:09 AM
From: mishedlo   of 110194
 
Some people on this board imply that the fall of the dollar spells serious trouble for the US. In fact it's not a serious issue at all! It will definitely have some positive consequences, though it might also have a few negative consequences -- at worst, it'll be a wash.

Whether it is or is not is subject to reasonable debate, however the theory that a falling US$ is going to FORCE the FED to hike interest rates is a much much weaker argument and in fact I do not buy it at all.

M
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