Quote:
Originally Posted by fluffygrrl
The fed has every cause in the world to lower the usd :
All outstanding treasury debt is denominated in USD.
All federal reserves (bullion, strategic commodity reserves, foreign bills and securities) are NOT denominated in the USD
A weaker dollar will hurt imports.
A weaker dollar will boost exports.
Weaker dollar = goodness x4.
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while average Joe is going to pay for it....productive economy and average J6P is getting squeezed in order to restore bad economy aka banking sector and wallstreet. wonderful.