The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (53357)	10/7/2013 7:14:30 PM
From: Wayners	Read Replies (1) of 71428

Under that metric US defaulted in 2008 under QE1. How is that a default? Is their a debt covenant that doesn't allow QE? As I understand it, Treasuries have no backing whatsoever, just faith. Faith apparently good enough for a lot of people, but not me.

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