Mish's Global Economic Trend Analysis Message Board

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

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To: Crimson Ghost who wrote (70689)	10/30/2007 8:07:32 AM
From: westpacific	Read Replies (3) of 116555

""First, the Fed under Paul Volcker hammered out inflationary expectations with a painful but necessary period of high interest rates""..... Would the bearded one be so smart......I doubt it. Beard and mustache leaders always fail! This rate round will tell much. He cuts, get ready for the end of the dollar and possible massive stock market runs. Stocks that hold some sort of value.....anything but dollars and cash. And if he does cut, Euro will double from here on the way to the dollar no longer being the reserve currency. America will be on its way to BK land if this happens. Fools. West

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