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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Crimson Ghost who wrote (29361)3/25/2005 11:07:29 AM
From: LLCF  Read Replies (1) of 110194
 
<My take is that Greenspan does not care much about the buck UNLESS ITS RESERVE CURRENCY STATUS IS THREATENED.>

But under most economic theories hasn't that deed already been done? Not to say that he can't 'act'... whether or not it works or not {near term only... it probably can't work long term without a complete reversal of policy refuting his 20 years of tenure!} would be up to the bag holders no?

DAK
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