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

To: Giordano Bruno who wrote (31238)	10/22/2010 8:36:04 AM
From: ggersh	Respond to of 71479

He give's him to much credit! The good news is that I believe Big Ben knows this better than I do. "Moral suasion", a tool once reserved for member banks, is now being directed to a public audience. Ben originally sought to distance himself from the obfuscating Greeenspeak of his predecessor, but the uniqueness of the situation has apparently modified that. Bernanke has already begun the process of equivocation in his appearance last Friday. While reiterating the efficacy of this nuclear measure known as QE2, he also alluded to the potential for unintended consequences of such action. In other words, he created an escape clause. As the numbers confirm the recovery, the purchases will diminish. They will simply make the case that it isn't necessary. Goal achieved.