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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: John Carragher who wrote (69216)9/19/2007 3:16:41 PM
From: mishedlo  Read Replies (3) of 116555
 
Dollar Holders Punished
globaleconomicanalysis.blogspot.com
The Fed is openly and aggressively pursuing a policy of punishing dollar holders. The Fed is not cutting rates to bail out consumers but to bail out banks.Robert Toll proclaimed "Our boy has righted the ship". But what's really amazing in all of this is everyone is cheering Fed intervention in the free markets when that is the root of the problem.
Mish
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