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We Might Be Witnessing The Final Humiliation Of The Fed Haters
Over the last several years, anti-Fed "policy bears" have been warning about how the extraordinary steps taken to juice the economy would end in disaster. Some predicted surging interest rates. Some people predicted runaway inflation. And a lot of folks said that the Fed was murdering the dollar. Well, none of that has happened. And not only that, the dollar is one of the strongest currencies in the world. In the chart below, the dollar is the red line (more on the blue line in a moment). As you can see, the dollar (as measured against other major currencies) is on a gigantic tear, and it's at multi-year highs. The ... (full story)
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- Sep 11, 2014 11:04pm Sep 11, 2014 11:04pm
- nanningbob
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- TheTopBloke
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- Greenstar
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