DislikedAny thoughts on why the fed needs to kill the dollar through active means?
It seems like the jawboning has done well enough, and traders are more than willing to sell the USD into oblivion, at this rate the fed doesn't need to do anything.
On top of that, they recently capitulated to China in regards to the "statement they were about to make" potentially officially labeling China as a currency manipulator. And how do you make that accusation when their currency is pegged to yours?
Lastly, all the BS about QE2 succeeds only in...Ignored
When I mentioned these things I was thinking more or less of the next decade.....more like investment opinions, not trading ones....if that makes any sense.