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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (14459)11/1/2004 10:43:46 AM
From: philv  Respond to of 116555
 
I have been wondering about the "weak" US dollar policy. It may be true, but such a policy isn't without some serious consequences for the US, besides inflation of course. Naturally, Mr. Snowjob denies it, and the inability or unwillingness of the US to curtail Japanese intervention makes me think that the weak dollar policy is pretty weak indeed.

That said, in my opinion, it will decline on its own due to US fiscal and monetary policy anyway.


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