MarvinMBA

The Dollar's Decline: Taking Responsibility for the Future

The housing market and their default securities and financial institutions that support it have the attention of the Fed at the expense of the dollar. But it seems that nothing the Fed does will have any long term effect but increase M3 (inflation) while M1 which is the driver for the whole economy is neglected. Unless the Fed starts increasing interest rates immediately inflations is going to get out of control...it is for energy and food. Continuing with the existing Fed policy for much longer guarantees a long DEPRESSION.
Our political system seems frozen and does not know what to do about energy and other issues but seems to know how to increase the National debt beyond recovery...watch out below.