[AdamSelene235]

When I wrote that the Fed was rattling its economic sabre, I meant to convey that we are *threatening* to debase our currency, not that we are already engaged in doing it.

Then what, pray tell, is this?

[Southack]

What the Fed was *threatening* to do was something much more dramatic, in my opinion, than the pittance that we've seen so far to date.

Put the Dollar down to $.66 Euros and watch as U.S. businesses clean out the foreign competition in Europe (i.e. France and Germany get hammered). That's the threat.

And they should take it seriously. GWB *meant* it when he said that we would use ALL tools against those who oppose us and seek to do us harm.