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


To: Real Man who wrote (17261)2/4/2009 11:27:27 AM
From: Real Man  Read Replies (1) | Respond to of 71456
 
Well, I wish I knew the answer if the Fed crashed the
economy on purpose, or if it was just a screw-up. My
vote is for the screw-up. A huge cumulative drain, that's for
sure, equal to all stimulus, all that money sitting at the Fed
earning interest. They were not printed, for the most part -
at least, if the Fed does not lie about their activities,
which they might. The Fed is almost impossible to grasp,
their full activity -g-



To: Real Man who wrote (17261)2/4/2009 11:39:13 AM
From: RockyBalboa  Respond to of 71456
 
Makes sense... they had to pop the asset / commodity runaway inflation. Less than a year back, all that stuff was trading at embarrassing levels.. remember $24 rice, $15 soy, $8 corn and $149 oil?

Second, draining dollars probably stopped the DX crash at 72 in its tracks.