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

To: Secret_Agent_Man who wrote (3386)	1/18/2008 6:49:03 AM
From: Real Man	Respond to of 71456

Old stuff: washingtonpost.com Real solution: What I am talking about really boils down to the oldest lesson of economic policy: a strong sense of monetary and fiscal discipline. It is a PAINFUL solution. Is the tax cut that? No. $800 per person won't pay the mortgage bill, and $150 billion additional fiscal deficit will have to come from somewhere, this is actually a lot for the government. Is the solution to cut taxes and increase spending? Yikes! Maybe we should get someone like Paul Volcker to run the Fed or advise the Fed. Ben quietly broke the credit bubble in May by stopping the coupon passes, now he's taking the heat.