US could see some inflation with weaker dollar.
1 posted on
09/26/2001 8:03:03 AM PDT by
jwa3
To: jwa3
A scary tidbit in Yossef Bodansky's book about the first World Trade Center bombing concerned the counterfeiting of US currency. He claimed in TERROR that the Iranian government has been pumping millions and millions of top quality counterfeit dollars into the economy for a number of years. The conspirators claimed at the trial and it was verified during the investigation that the attack on the WTC was to destroy the Western economy by hitting at the confidence in world traders. Now with the successful hit at the WTC and the Feds pumping legitimate money into the economy, I wonder the same thing about inflation.
2 posted on
09/26/2001 8:17:38 AM PDT by
wjeanw
To: jwa3
Some inflation but more domestic and less import purchases. Not all a bad thing. Keeps the money at home and leads to greater employment. Plus reduces the trade imbalance. Most other countries will end up buying dollars since we are the trade engine of the world. They do not like a weaker dollar, including the oil producers.
4 posted on
09/26/2001 8:43:39 AM PDT by
beekeeper
To: jwa3
Standard press release from the IMF...devalue currency, ten raise taxes, then have an economy run by accountants and bureaucrats.Dollar doesn't need help to fall from the IMF, it can do so on its own.
6 posted on
09/26/2001 8:50:36 AM PDT by
habs4ever
To: jwa3
Here's a link to the
article. To which my reply is the following:
British Society a Socialist Slime Pit - Rulers Corrupt Megalomaniacs.
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