Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Gary Mohilner who wrote (2941)	12/13/2007 2:26:27 AM
From: Real Man	Read Replies (2) \| Respond to of 71463

Things are different now, Gary. Cuts are bearish for the dollar. The administration has less room to cut taxes, and Bernanke has less room to cut the rates because of the weak dollar. The dollar is threatening to melt down, then either the Fed has to raise to stop the currency meltdown, or the cuts become ineffective because the rates on the long end skyrocket. The forgotten currency risk. I would argue that the dollar meltdown has already started, so I am not sure the Fed can cut 100 basis points the market expects them to cut by the Summer. This is exactly the reason they came out with CB cooperation plan. They can't cut, others can. It won't help. BIS was formed some time in the 30-s, and it did not help.