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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: Galirayo who wrote (6207)4/14/2008 7:26:41 PM
From: Moominoid  Read Replies (2) of 41592
 
We were talking about the direction of the USD. Seems to me the Fed has about stopped cutting interest rates as they don't want to "print money" (M0 or M1 are reasonable definitions IMO). At least relative to other countries' interest rates which are now leveling off or coming down. For example, the Reserve Bank of Australia has pretty much said that they have stopped raising interest rates. There are a lot of "clowns" in cyberspace ranting about the Fed printing money but it doesn't have any relation to what is happening in reality.
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