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Strategies & Market Trends : The coming US dollar crisis

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To: Giordano Bruno who wrote (41371)8/21/2011 1:53:28 PM
From: ggersh  Read Replies (2) of 71444
 
Bernank under pressure to to ease markit concerns.....WTF

sound like the opposite to me

oh wait, Jamie and the lord aren't quoted...-g-

The Fed is facing growing political disquiet among rightwingers, such as the prospective Republican presidential candidate Ron Paul, who argues that the Washington-based bank is too powerful and should be brought to heel.

China, the world's largest holder of US Treasury bonds, has also been fiercely critical of the Fed's policies, with Beijing warning that restarting quantitative easing will undermine the value of its dollar investments.

Sir Mervyn King, who has criticised the Fed's decision to announce that interest rates will stay low until 2013, will also attend the meeting, hosted each year since the 1970s by the Kansas City Federal Reserve.
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