HAS ANYONE NOTICED THAT THIS IS NUTS!
AND IT ALL COMES FROM BERNANKE'S RECENT ILL-ADVISED RATE CUT!!
THE FED HAS WEAKENED THE DOLLAR FATALLY! THEY SIMPLY DON'T REALIZE THAT FOREIGNERS DON'T WHAT A CURRENCY THAT IS NOT PROTECTED BY IT'S CENTRAL BANK!
BOTH GREENSPAN AND BERNANKE HAVE BEEN ASSET INFLATIONISTS...AND THE DOLLAR AS BY DEFINITION SUFFERED GREATLY FROM THE MASSIVE ASSET INFLATION THAT THE US ECONOMY HAS BECOME SO DEPENDENT ON...
PROOF? LOOK AT THE HOUSE PRICE DEBACLE...! AND WE ARE NO WHERE NEAR FINISHED WITH THAT MESS...
AND NOW THE CREDIT CARD DEFAULTS ARE LOOMING...
THEN THE IRAQ WAR FUNDING...WHICH IS TOTALLY "OFF THE BOOKS."
THIS IS PLAIN AND SIMPLE MALPRACTICE FROM THE FED IN WASHINGTON AND ON WALL STREET...
