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To: Son House

Who and why would somebody purposely devalue the dollar? I mean it makes sense if you are impossibly in debt. It's what Germany tried to do after World War I when they owed the world so much money after the Treaty of Versailles, and look where it got 'em. Got 'em wild inflation and eventually Hitler.

So keep a sharp eye on November 2nd, November 3rd. In fact, keep a sharp eye on November 3rd, the day after the election. Keep a sharp eye on what the Fed announces because it will affect how to markets react.

Rush, the college dropout, knows more about monetary theory and history than our entire elite credentialed ruling class.

8 posted on 10/24/2010 2:22:25 PM PDT by NativeNewYorker (Freepin' Jew Boy)
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To: NativeNewYorker
Who and why would somebody purposely devalue the dollar?

Isn't shorting currencies how Soros made his billions?

9 posted on 10/24/2010 3:13:07 PM PDT by Riley (The Fourth Estate is the Fifth Column.)
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