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Politics : Foreign Policy Discussion Thread
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To: Hawkmoon who wrote (1327)12/30/2002 8:00:46 PM
From: Nadine Carroll  Read Replies (2) of 15987
 
Fed Reserve Governor Benanke just said in so many words, "Don't worry about deflation, folks, we got those printing pressing warmed up...we'll print just as many dollars as it takes." That definitely sounded like a weak dollar policy to most listeners. For some of the ramifications of a weak dollar policy, I recommend this article:

THE STATEMENTS OF GREENSPAN AND BERNANKE CONSTITUTE A WATERSHED EVENT

By Dr. Richard S. Appel
Dec 23 2002
THE FATE FOR GOLD AND THE U.S. DOLLAR IS SEALED
kitco.com
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