It looks like the objective of the Fed is to print more money. They need to boost the economy, of course.The outcome is the continuation of the collapse of the dollar.
I have never see a country getting out of its troubles by debasing its currency.
Strong countries have a strong currency. Weak countries with poor economic prospect have a weak currency.
George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked best market timer in the 12 and 6 months ending 8/20/10 by Timer Digest
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