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Strategies & Market Trends : The coming US dollar crisis

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To: axial who wrote (17157)2/2/2009 12:19:08 PM
From: TH4 Recommendations  Read Replies (2) of 71407
 
akajek,

<"One of the great challenges for the central bank of the United States is to think ahead -- and we are -- to the long run, and do we have a plan to extract ourselves, to withdraw the liquidity at the right time and also take ourselves out of the intermediation process," he said.

Pulling back too soon could hurt the recovery, but "there is no question" waiting too long will have "a strong inflationary pressure through the longer term," he said.">

I guess there are people that actually believe that nonsense. The plan is to create inflation. That has always been the plan from the beginning of the monster known as the Fed.

They don't have enough to stop us sinking into the abyss, but they are already talking about when they start pulling it back. Right.

And they told us that the Bear and JPM bailout would provide a return for the taxpayers. And AIG. Right.

These people know how to do exactly one thing, and that is inflate.

But some people will believe this.

GT
TH
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