The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: carranza2 who wrote (26669)	1/29/2010 12:18:08 PM
From: LTK007	1 Recommendation of 71474

<<Perhaps it has to do with the promise of higher interest rates.>> But from where is this promise coming, it is not coming from the Fed. We got but one dissenting vote in the last meeting, with Hoenig saying he was NOT happy with the phrase "extended period" regards keeping interest rates at bottom. As long as the phrase "extended period" remains i do not see any promise---extended i think carries at least a 9month implication. Bernanke is perhaps a "nutto", but he has the ball, and i can't see anyone taking it from him. The strength in the dollar i do not see necessarily as a measure of belief in interest rates going up, but, instead, possibly a fear the Market is going to fail. Max

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