Sunday, March 22, 2009

There the Dollar Goes

And now it starts to decline:
"The dollar dropped the most against the currencies of six major U.S. trading partners since the Plaza Accord almost a quarter-century ago as the Federal Reserve’s plan to purchase Treasuries spurred speculation that it’s debasing the greenback."
Really? Debasing the dollar? Monetizing the debt? You don't say!

0 Comments:

Post a Comment

<< Home