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: TH who wrote (12073)	9/30/2008 1:06:29 AM
From: Real Man	Read Replies (2) \| Respond to of 71456

Supposedly, the treasury and the ECB. What good is 700bln. rejection that American people wanted so bad (they literally bombed congress with no bailout calls, e-mails, and letters) if the Fed and the Treasury pump the money anyway? The Fed does have the printing press. I think the management of USD, inc. really sucks, so they will run the company into the ground. Note, however, that shareholders of USD, inc. will have a special meeting and the management could get replaced later on. Then we'll just have to see, as the monetary and government policies will ultimately determine the fate of the USD! The congress decision itself to reject the bailout was definitely dollar bullish - and necessary.