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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: RealMuLan who wrote (70485)10/25/2007 5:13:24 PM
From: 8bits  Read Replies (2) of 116555
 
[print, spend, then devalue, the US cycle of ripping off the world. How long the US can continue to do this and getting away with it?]--Economists smile as greenback drops
Thu Oct 25, 2007 12:30pm EDT

Well the short answer is --- as long as foreign central banks continue purchasing US Debt with low yields. By several measures the US printing is less than many of the countries whose currencies are rising.
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