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Strategies & Market Trends : The coming US dollar crisis
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John
To: John who wrote (53807)11/9/2013 10:50:46 AM
From: ggersh1 Recommendation  Read Replies (1) of 71475
 
This is their reality, clueless. -nfg-

"Dudley said Oct. 15 that while “this risk is real,” it is “not a big threat” because rates would have to “rise appreciably” for losses to occur.

Also, “we should take a long-term perspective,” reflecting the Fed’s elevated remittances of about $80 billion annually “in recent years,” compared with $20 billion to $30 billion before the financial crisis, Dudley said. "
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