Yankee Running Dog

Thursday Outlook: Another Bubble?

The big news from Ben was that he was going to buy back his own bonds. This of course means printing money at no cost to Fed, but it should have a cost on the dollar. This could be the big pivot point in the dollar. So lets see, expect a rise in gold, commodities, PG (multinational corps with large overseas profits). In other words, expect the price of real things to go up as the dollar goes down. Lets just hope they don't turn it into Wiemar 1923 where a wheelbarrow of paper money bought a loaf of bread. Helo Ben could be headed for hyperinflation