Fact: USD will fall greatly today
 

:mad::mad::mad::mad::mad:

This is why Canadians want Paul to win (baddog)

Grab all the gold you can. .02

I want Ron Paul to win and I'm American.....I'm tired of the government running itself into the ground....lets cut fed rates, ok, lets put a little bandaid on a fucking shattered bone. It makes me wonder if the people in charge ever took a economics class. Hell I know people that understand it better then the government does that has never had one!

Yeah, really. They just let anyone Chair the Board of Governors. Like Bernanke ...

1590 SAT
B.A. Economics Harvard. Graduated Summa Cum Laude
PhD. Economics. M.I.T.
Taught at Stanford Graduate School of Business
Taught at New York University
Taught at Princeton University
Chaired Economics Dept at Princeton University
Has written three textbooks on macroeconomics
Has written a textbook on microeconomics.

Director of the Monetary Economics Program of the National Bureau of Economic Research

Was editor of the American Economic Review.

wouldn't all the money from stocks selling flooding back into the treasuries raise the dollar?

people are not going to buy treasuries at these interest rates when they can put their money in other high paying investments, ie some foreign currencies, etc...if I ran a big portfilio I would be flocking to public utilites, any strong commodity company, (oil, gas, mining, etc) looking for anytype of safe harbor for a couple months.

No, there will be more "supply" of the dollar then, and so the price will drop...
come on dude, economics 101...

Just has to happen when I have a wire coming into canadian bank account :(

Wow you're right, what impressive credentials he has. How could anyone have the audacity to question his capability?

The downward slide of the USD over the past 5 years is just a little bitty hiccup in the road, it'll pass.

Nothing to see here folks.

:D

I blame the free trade Agreements none of the other countries are holding up to.

The Free trade Agreements America made are not actually free trade agreements. China massively profits on piracy along with many others, while goods going into China are taxed heavily though under Free trade the materials are not supposed to be.

Numerous numerous examples of many other foriegn countries not holding up to Free trade, this results in a fucked American Economy.

Nothing will change till those agreements are looked over and either enforced or abandoned from Labor to materials, to licensing.

and the sun will rise in the east....nothing new or surprising here. Just a market adjustment. no biggie. Hell no stock brokers have jump or anything.

NosMo

The question was whether "the people in charge ever took an economics class". Answer above.