The Sacrificing of the US Dollar

Posted by admin | Market Commentary | Tuesday 30 June 2009

Makes me sick.
Earlier this year, I believe a conscious decision was made to sacrifice the US Dollar in an effort to rescue the troubled economy.
Despite assurances from Treasury Secretary Geithner (“Financial Times” May 21, 2009) that a strong US Dollar remained a priority, the US Dollar continues to devalue against many other world currencies.  Geithner [...]

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