Quote:
Originally Posted by Zoomie1980 Well really we have to offer a reasonable interest rate on on our debt instruments for the dollar to have a substantial recovery. The Fed has managed to work itself into a corner by trying to create a 'soft landing" when instead they should have just let a lot of these banks who wallowed in their excess fail without bailout, take the bitter pill and move on | Exactly 300 billion dollars in possible bailouts doesn't improve the strength of the dollar. So we bailout corrupt lenders while the price of the dollar plummets, its idiotic.
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Last edited by jreeves; 07-31-2008 at 12:30 AM.
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