The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Giordano Bruno who wrote (6579)	4/25/2008 11:07:40 AM
From: Real Man	Read Replies (2) of 71456

If the dollar gets to be more than 73c, then it's gonna get worse, I'm afraid. This thing comes at a price - foreign CBs print money to buy dollars, and guess what the process causes - global inflation. While the Fed is not printing, a whole lot of printing is going on elsewhere in order to buy the clownbuck at ever decreasing prices. -ggg- How much global printing is going on? 800 billion per year, the size of US current account deficit (which is the biggest by far, most of the deficit around the globe) The only real cure is to stop running huge deficits, bring back the manufacturing, and kill the bubbles. The Fed is not doing that.

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