Posted on 11/14/2014 7:14:51 AM PST by Minsc
LOL. I remember those guys. Who want’s to buy a dollar for fifty cents? It’s hard to beat America.
Good comments here as well. The secret is that in a market economy high prices cure themselves. In a market economy the consumer is king.
...is at a four-year high... currencies are slipping as the U.S. dollar strengthens. Central banks in Europe and Japan are shifting policies to fight slowing growth and fend off deflation. Last month, the Bank of Japan boosted its quantitative easing strategy, and the yen fell to a seven-year low against the dollar on the news. The European Central Bank is expected to start its own QE program.Thanks and well said, Minsc:
Calling all tin foil hat members that were warning that the US dollar would be removed as the international trading currency, which would in turn cause a massive unprecedented depression. How's that working out for you?
/bingo
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