View Full Version : Currency wars
September 29, 2010, 16:10
seems to be the theme of the day:
September 29, 2010, 18:44
"Stephen Lewis from Monument Securities said the Fed is playing a risky game toying with more QE. There are already signs of investor flight into commodities. The danger is a repeat of the spike in 2008, which was a contributory cause of the Great Recession. "Further QE at this point may prove self-defeating," he said."
Looks like the predictions that the Fed is in a bind are coming true. If they continue to try and paper over the toxic assets with more funny money, the rest of the world gets screwed. Fasten your seat belts and hold onto your fillings.
Capitol flight into commodities is the start of hyper inflation.
September 29, 2010, 19:48
Race to the bottom baby... "Begger Thy Neighbor" in full swing...
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