The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Gary Mohilner who wrote (9237)	6/25/2008 6:38:07 AM
From: Real Man	Read Replies (1) of 71406

I expect a lot of jawboning (in a sense that the economy is recovering, so push the clownbuck up), but no action, and then eventually a move lower for the rates if the precious stock market does not recover. That's how this Fed operates - blowing bubbles forever, killing the real economy. All this will continue, since the Fed, who is responsible for all the troubles, is now fully in charge and have their powers expanded. That is until foreigners shun US assets, the dollar collapses along with their precious stocks, bonds and derivatives once the Fed's credibility is completely lost ... More lies, never the truth. Americans need to abolish the Fed and go back on gold standard as soon as possible. The future generations have a huge bill to pay for these misguided bubble blowing policies.

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