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The Great Dollar Pump of 2008: A Doomed Central Bank Intervention

Elsewhere on Seeking Alpha I posted a comment "Unintended Consequences" and I could write another here. Mr. Conrad is bang on and all we have to do is look back to 1971 and 1973 when the US dollar was revalued twice. It will happen again as an unintended consequence of all these bailouts.
Central banks that are supporting the $US charade have to do so by expanding their own money supplies. The consequence? Inflation in their own backyards.