Sep 13, 2007

Bad News For the Dollar



the dollar is in some trouble.

19 comments:

Anonymous said...

fascinating, the reference to jimmy carter's economy, 1978 was indeed very similar to today; It was discovered via pattern recognition earlier this month

http://datawink.com/pebble/2007/09/10/1189428360000.html

Anonymous said...

It seems you confuse what will be with what should be.

As an investor, I'm quite happy that the Fed is in printing mode. Of course, it's terrible for the United States; but that's not my concern. That is nominally the concern of the Federal Reserve and our Government. If they are willing to let the Dollar fall the pieces - so be it.

Just be on the opposite end to pick up the pieces.

Toon said...

to Not my concern,

If you are an American citizen it is your concern. We the citizens own the government, we are responsible for its actions good or bad.

The comparison to the 70's was interesting, the price of oil was skyrocketing back then too.

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