One's Observations

A collection of some things I observe along the way.

Retrieving...

"What is occurring is an epochal loss in the relative wealth and economic power of the old G10 bloc of rich countries compared to rising regions of the world. The euro, yen, sterling, Swiss franc and other mature currencies will be relegated along with the dollar in this great process of rebalancing, but the Greenback will bear the brunt."

"The Fed's super-loose policy is turning the dollar into the key funding currency for the next phase of the global "carry trade", taking over the role of Japan during its period of emergency stimulus." (Telegraph Article)


"The dollar declined to a one-year low against the euro on speculation Federal Reserve policy makers will signal today they will keep interest rates low. The U.S. currency fell against 13 of 16 major counterparts on concern that Group of 20 leaders, meeting in Pittsburgh starting tomorrow, will call for a reduction in global trade imbalances that may cause further gains in other currencies." (Bloomberg Article)

1 comments:

Right-Wing Libertarian said...

The dollar in the tank ... reduced ChiCom holdings of dollar-stuff ... trade unions which have choked off American manufacturing ... all indicators that that the socialists are taking us in the *wrong* direction! Americans need to buy some clues while they can still afford them. Smell the coffee. Take the No-Doz. Just stay the heck away from the kool-aid!

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