Seeking Alpha

devassocx » Comments » IEF

  • Why the Fed May Not Be Done [View article]
    I believe Fed actions are serving to fan the fires of inflation.

    Despite the official proclamation of being for a strong dollar, the result will be a further weakening of our currency and more inflation.

    This amounts to a horrible tax on savers and a reward for spenders which is not good for the nation as it sends very bad signals to its citizens.

    Our approaching $10 trillion national debt is testimony to bad past decisions that our leaders have made.

    I think webpage referenced by sivere makes some great points.
    May 02 11:42 am |Rating: 0 0 |Link to Comment
More on IEF by devassocx
devassocx's
Comments Stats
96 comments
Rating: 63 (96 - 33 )