US Dollar: 5 Reasons It Will Not Hit a New Low [View article]
it is striking how those anal-ysts are so busy spitting new opinions at the public without ever looking at the credibility of their past. does anyone expect helicopter ben to be piss off the politicians who appointed him? i do not. so dont expect significantly higher rates, a 1/4 or 1/2% will have no real impact on the economy as the problem is the return of principal not the return on principal as bill gross puts it. the economy has to deleverage first and that will lead to price deflation in all non productive assets and inflation will continue in commodities whose supply the government cant control.
US Dollar: 5 Reasons It Will Not Hit a New Low [View article]
does anyone expect helicopter ben to be piss off the politicians who appointed him? i do not. so dont expect significantly higher rates, a 1/4 or 1/2% will have no real impact on the economy as the problem is the return of principal not the return on principal as bill gross puts it. the economy has to deleverage first and that will lead to price deflation in all non productive assets and inflation will continue in commodities whose supply the government cant control.