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

To: stockfiend who wrote (76002)	3/12/2008 4:38:15 PM
From: Crimson Ghost	Respond to of 116555

The interesting thing about BB and the buck is that Ben still has not started to monetize the debt. He is willing to take inferior collateral and lend treasuries on this, but he has not yet begun to actually monetize this garbage. The market seems to be saying that the dollar will totally destroyed if he ever takes this fateful step.

To: stockfiend who wrote (76002)	3/12/2008 4:48:23 PM
From: benwood	Read Replies (1) \| Respond to of 116555

You are right of course, plus many "American" products, e.g. Ford Explorer, are loaded with foreign parts. What a local food boutique said is that with the collapse of the US dollar, most import food items they'd been stocking they simply stopped ordering because the price increases were too great. And as you observed, the domestic suppliers will notice the drop in competition. Voila -- the import is more expensive or unobtainable, and the domestic just jumped in price too. Esp. if they use energy to create and/or deliver that product to the consumer. And... just about everybody who shops at America's number 1 retailer, Wal-Mart, buys imports on a daily basis. Shaft the common man to protect the ill-gotten gains of the elite stratospherically wealthy 4/10th of 1% at the top.