8 replies to this topic

[zedor]

The Sep 18 1/2 point FED funds rate drop was the nail in the dollars coffin. The market today is reflecting it with a vengeance. I never ever thought they would allow this. But they obviously don't fully comprehend the financial repercussions of the US having a currency in collapse.

[Islander]

The Sep 18 1/2 point FED funds rate drop was the nail in the dollars coffin.



The market today is reflecting it with a vengeance.



I never ever thought they would allow this. But they obviously don't fully comprehend the financial repercussions of the US having a currency in collapse.

The Treasury knows what they are doing, fighting a recession with building exports. They don't care if there is some inflation, or that matter, a hell of a lot of inflation. It is a coming election year. You have not seen anything yet. Islander.

[atlasshrugged]

The Sep 18 1/2 point FED funds rate drop was the nail in the dollars coffin.



The market today is reflecting it with a vengeance.



I never ever thought they would allow this. But they obviously don't fully comprehend the financial repercussions of the US having a currency in collapse.

The Treasury knows what they are doing, fighting a recession with building exports. They don't care if there is some inflation, or that matter, a hell of a lot of inflation. It is a coming election year. You have not seen anything yet. Islander.

how do you know which party Bernake favors...

you cant make the argument that he is republican therefore he is lowering rates...

he could just as easily be democratic or a libertarian

[zedor]

The Sep 18 1/2 point FED funds rate drop was the nail in the dollars coffin.



The market today is reflecting it with a vengeance.



I never ever thought they would allow this. But they obviously don't fully comprehend the financial repercussions of the US having a currency in collapse.

The Treasury knows what they are doing, fighting a recession with building exports. They don't care if there is some inflation, or that matter, a hell of a lot of inflation. It is a coming election year. You have not seen anything yet. Islander.

how do you know which party Bernake favors...

you cant make the argument that he is republican therefore he is lowering rates...

he could just as easily be democratic or a libertarian

Its not political which he favors it's which paper he supports. He obviously does not want the dollar to have any value and wants stock certificates to appreciate in terms of the "declining in value" dollars he has abandoned., He is banking on Americans being ambivalent and oblivious to the absolute value of the US dollar.

[Islander]

The Sep 18 1/2 point FED funds rate drop was the nail in the dollars coffin.



The market today is reflecting it with a vengeance.



I never ever thought they would allow this. But they obviously don't fully comprehend the financial repercussions of the US having a currency in collapse.

The Treasury knows what they are doing, fighting a recession with building exports. They don't care if there is some inflation, or that matter, a hell of a lot of inflation. It is a coming election year. You have not seen anything yet. Islander.

how do you know which party Bernake favors...

you cant make the argument that he is republican therefore he is lowering rates...

he could just as easily be democratic or a libertarian

Its not political which he favors it's which paper he supports. He obviously does not want the dollar to have any value and wants stock certificates to appreciate in terms of the "declining in value" dollars he has abandoned., He is banking on Americans being ambivalent and oblivious to the absolute value of the US dollar.

=========================================================
NO, fedbanking is its own party, its electorate is the banks (which are next to a religion). Second, BB sees things you can not see, and fights things you can not fight. He is not be confused with mere mortals. He has decided the economy is in dire danger and the dollar must be offered up. Go quietly into the gentle night. Islander

[skyymaster]

Look what happened to the Rubel after Russia insisted on staying in Afghan. We just don't learn from history. Is anybody making moves to protect the value of their money aside from "hoping the market" does the China, Brazil, Mexico thing. Shoot, I hope some day I don't have to cross the border

[JAP]

The Sep 18 1/2 point FED funds rate drop was the nail in the dollars coffin.

The market today is reflecting it with a vengeance.

I never ever thought they would allow this. But they obviously don't fully comprehend the financial repercussions of the US having a currency in collapse.

The Treasury knows what they are doing, fighting a recession with building exports. They don't care if there is some inflation, or that matter, a hell of a lot of inflation. It is a coming election year. You have not seen anything yet. Islander.

how do you know which party Bernake favors...

you cant make the argument that he is republican therefore he is lowering rates...

he could just as easily be democratic or a libertarian

He's definitely not a libertarian!

[arbman]

For God's sake, didn't the President put BB out there?!? The truth is sad and that is once the currency gets so devalued and you make one more mistake, the foreigners or Europeans (mostly) will buy the US assets dirt cheap and then sell them back to the American people for several years...

[bobalou]

benny plays ball w/ the boys,and helps all the bankers