One currency the dollar is on the rise against is the yen as the QE3 announcement forces Japan...

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Tony Petroski Comments (6373)
 
"Do both own a copy of Central Planning-speak for Dummies?"

Yes.

This from chapter 13, "Growing Economies."
"If your rival is throwing dollars out of a helicopter, get in the air and throw yen out of your own chopper. Explain to anyone questioning the wisdom of such a move that 'I'm a student of Malaise II.'"
14 Sep 2012, 07:52 AM Reply Like

schatzl Comments (391)
 
Too funny. Let's see who can print faster. The UK, Eurozone, US or Japan. I'm predicting a close race to the bottom. Could be a handicap for the US though if they have to rely on Japanese built and imported copy machines.
14 Sep 2012, 08:00 AM Reply Like