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

To: Giordano Bruno who wrote (16130)	1/7/2009 9:05:47 AM
From: Real Man	Read Replies (2) \| Respond to of 71456

I would not say so, but the Fed and the government are sure working hard to make it happen. Either the dollar crisis or worse, hyperinflation. We have to see how they address the thing once it actually happens. Normally, a central bank would raise rates fast to defend the currency. If not, then it keeps cratering into complete oblivion. My guess is they won't raise.

To: Giordano Bruno who wrote (16130)	1/8/2009 12:24:27 AM
From: XBrit	Respond to of 71456

A major downward adjustment in the dollar is the best thing that could possibly happen for the US long-term. In fact so much so, that when it happens, we may find the Chinese and Japanese take strong steps to prevent it. The mainstream economists all say that we're so enlightened now that beggar-your-neighbor devaluations and trade protectionism wars couldn't possibly happen in THIS global recession. I say BULLSH*T. Human nature and political imperatives haven't changed one tiny bit. It will happen.