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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: Keith Feral who wrote (159508)3/23/2005 3:48:34 PM
From: michael97123  Read Replies (1) | Respond to of 281500
 
I hope he doesnt overshoot and just doing a bit of jawboning here to the bond market. Its very hard to get this right.



To: Keith Feral who wrote (159508)3/23/2005 4:55:56 PM
From: GST  Read Replies (1) | Respond to of 281500
 
It is about the money supply -- basic economics 101 -- there are too many dollars floating around the world and it threatens to undermine the value of our currency. His job is to protect the dollar.