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

To: benwood who wrote (29576)8/11/2010 5:41:13 PM
From: carranza2  Read Replies (1) | Respond to of 71407
 
I don't think so since they will be using the proceeds of the toxic stuff - however diminished they may be - to buy Treasuries.

They get USD in proceeds and use them to buy Treasuries. What does that do? Prop up the Treasuries markets a bit and gives the Fed some income.

Perhaps they see some USD weakness coming along so this is a way to prop up the bucko.

My take is that the decision does very little.


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