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


To: DebtBomb who wrote (24866)11/25/2009 1:09:08 PM
From: Real Man  Respond to of 71426
 
3=5, imho, a combination of QE and ZIRP.

US does not control the dollar. So, we already did devalue,
the dollar is just catching up. Besides, the race to zero
has always been competitive -g-

The problem with such enormous level of government liabilities is that
the required printing to pay for all this stuff will push the value
of the dollar close to zero. Monetization of 118 Trillion will
simply shave off a couple of zeroes.