toofan

Intense Inflation Pressure: Fed, Bank of England Have Their Hands Tied

Jerry Dill:

"The death of the american dollar does have one positive. It will now be better for businesses who sell goods overseas and operate in the US."

The other benefit of the death of the USD is that the debt can now be paid in a currency of a lot less value than when it was taken - part of the reason why inflation is still being tolerated and more money is being printed. God Bless the common american and his children who will have to face the consequences of this inefficient and selfish Fed and Govt.