It seems like the Monetary Authorities are hell bent on throwing freshly minted cash at the problem rather than to tackle to root causes of it. With Quantitative Easing in full swing, is Competitive Devaluation of all major fiat currencies on the cards next? Gold surges overnight as Dollar tanks. Read more here..
Wednesday, March 18, 2009
Let the Printing presses ROLL!!!
Labels:
competitive devaluation,
currencies,
equities,
fiat,
forex,
gold,
subprime
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