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Not all that hard.
The Dollar is not worth more than yesterday. The rally is merely because the currencies of China, India, Singapore are falling because they are printing so god dammed much money.
So they incur inflation which causes a meaningless rally in the dollar.
The Dollar is not worth more than yesterday. The rally is merely because the currencies of China, India, Singapore are falling because they are printing so god dammed much money.
So they incur inflation which causes a meaningless rally in the dollar.
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Re: The dollar'srally after a 15 month record low -WHY?
Wed, November 11, 2009 - 8:33 AMYou have to remember you need to print the debt away, it's far better than paying it. -
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Re: The dollar'srally after a 15 month record low -WHY?
Wed, November 11, 2009 - 10:00 AMWell that's pretty much how W was paying for the Iraq conflict.
He was going to let China pay for it VIA inflation.
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