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

To: Real Man who wrote (56998)	2/11/2015 1:45:27 PM
From: ggersh	Read Replies (2) \| Respond to of 71400

Back to what "hedge funds" hedge -vbg- Bank Of America Used Government-Backed Funds For "Reckless, Extremely Levered" Tax Avoiding TradesSubmitted by Tyler Durden on 02/11/2015 - 11:37 A current Bank of America employee has made a number of whistleblower submissions to the U.S. Securities and Exchange Commission about the role played by the U.S. banking subsidiary in financing dividend-arbitrage trades: trades which used taxpayer-backed funds to allow hedge funds to avoid paying taxes.The employee’s submissions allege that Bank of America’s London-based Merrill LynchInternational unit has extended “extreme levels of BANA leverage” to fund “increasingly aggressive and reckless” tax-avoidance trades. The submissions said the practices risked causing the bank “serious financial and reputational damage.”

To: Real Man who wrote (56998)	2/11/2015 3:43:05 PM
From: Tommaso	Read Replies (2) \| Respond to of 71400

Where have you been? Missed your intelligent comments. I wish I had not allowed myself to be deeply influenced by Milton Friedman many years ago. Friedman never understood that the production of material commodities and goods could accelerate to match large increases in money supply, thus keeping inflation suppressed. But Bernanke and most other central bankers, as I need not say again, with their QE 1, 2 3 . . . infinity will eventually succeed in overwhelming the system.