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Good read...I think this guy is on to something

PostPosted: Thu Oct 18, 2012 7:52 pm
by mbailey1234
It seems to me the big banks aren't lacking cash and who can really complain about the current interest rates from a borrowing standpoint so I have been asking myself why are we still needing to pump billions into the economy to keep things going? This article is a good read and it seems to hit the nail on the head. As he puts it they are engaging in currency warfare to help stimulate the economy by hammering the value of the dollar. Whether that alone would be enough to pull us out if this mess is highly questionable in my opinion.

http://danielamerman.com/articles/2012/QE3v2C.html