CaptBob

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  • Pending Fed Rate Decision, Dollar Loses Steam
    There is a much larger aggregate number of dollars out there, many with the ink still wet, thus diminishing the value of each individual dollar.

    No rate ups or downs or investor confidence numbers is going to change this. The value is down and will stay there, except in Govt. stats where like inflation it is where they say it is!. Are you a believer??

    What's a pound of trust and confidence in the U.S. worth???
    Not much I expect---just like the U.S. dollar depending on it!!

    Where is Hank Paulson these days??. At least he got out before Goldman takes their hit. Oh yes, now I remember, in charge of our treasury-------that's comforting!
    Sep 13 10:08 am |Rating: 0 0 |Link to Comment |View article

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