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Strategies & Market Trends : The coming US dollar crisis

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To: DebtBomb who wrote (27377)3/12/2010 10:13:52 AM
From: Real Man1 Recommendation  Read Replies (3) of 71456
 
I agree on both counts, Ben is trapped and he screws around
too much as he attempts to boost assets and the dollar with his
machine and the help of derivatives, while trying to suppress
commodities and inflation. These Fed actions have been quite
repetitive over the last two decades, which is why we are
so screwed as a country. This is also the reason everyone must
be careful. While these policies inevitably lead to a disaster,
the direction of that disaster is unknown due to their constant
tooling, as both deflationary and inflationary imbalances are
present. Normally these imbalances resolve themselves in a
currency crisis fashion in smaller countries, but US is huge
and the imbalances are global. Things would be much easier if
the Fed did not interfere.

Now, the Fed is not alone. They have the help of CFTC, Sec,
Congress (to a degree, there are some tensions lately -g-) and
the Administration to accomplish short term appearance of
a sound economy at a cost of a severe crisis long term.
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