VI, Has anyone seen a credible government DX target?
I have been convinced that the government intended to lower the value of the dollar for about 6 years. Let's face it, if you ignore the democratic propaganda, GWB isn't a genius, but he is and MBA. What he does is get a plan, staff it thoroughly, keep it a secret and stick to it through thick and thin regardless what anyone says. Says he isn't going to leave an unaddressed problem (like exporting American jobs, balance of trade, yuan imbalance, etc.) for the next president. Certainly how he has acted wrt National Security.
Take "strong dollar." It doesn't necessarily mean High Dollar. Might mean dollar is going to be around as currency of a dominant nation - not debtor no-industry nation. Paul O'Neil certainly disappeared as soon as he started getting globalist and acting like a strong dollar meant a high dollar.
So I think he took on the balance of trade/high-dollar/job-export problem about 6 years ago and we are approaching "end game" (end of GWB's reign, target of end of dollar value reduction, beginning of new presidential election cycle.)
If so, for an MBA, the target is probably some number like 75%, 66%, 60% or 50%.
Anyone seen any evidence of what it could be?
Bubba Watcher |
