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Dollar loses reserve status to yen & euro
blazen91
Member Posts: 270 ✭✭✭
Prices are about to soar.
Economists believe the market rebellion against the dollar will spread until Bernanke starts raising interest rates from around zero to the high single digits, and pulls back the flood of currency spewed from US printing presses.
Read more: http://www.nypost.com/p/news/business/item_hFyfwvpBW1YYLykSJwTTEL#ixzz1f8ybwTT2
Economists believe the market rebellion against the dollar will spread until Bernanke starts raising interest rates from around zero to the high single digits, and pulls back the flood of currency spewed from US printing presses.
Read more: http://www.nypost.com/p/news/business/item_hFyfwvpBW1YYLykSJwTTEL#ixzz1f8ybwTT2
Comments
BS. The unattributed quotes are my favorite part of the article.
I'm probably opening myself up for getting my cell phone hacked by posting this. But so be it.
Prices have increased, but have not 'soared'.
I can, with confidence, state that your postdiction (is that the past tense of prediction?) is incorrect.
Brad Steele