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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (4697)3/7/2008 3:58:28 PM
From: Tommaso  Read Replies (2) of 71456
 
>>> They are in panic
about oil, commodities, and the buck, that much is clear.<<,

If you mean the Fed, I think they are in a panic about the interlocking derivative collapses and bankruptcies. I think they have decided not to worry about oil, commodities, and the buck until it looks as if the financial system is stable. But I (and Paul Volcker also, as best I can tell) think they have simply lost control. Events are now self-directing.

Incidentally, any advice or criticism of my thoughts in this post would be welcome:

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