Ron Paul vs. Ben Bernanke
Watch the only politician of any significance in America -and as far as I know the entire world- that is consistently committed to freedom and sound monetary economics, congressman and presidential candidate Ron Paul blast inflator-in-chief, Ben Bernanke for depreciating the value of the dollar and therefore stealing wealth from genuine producers and redistributing it in order to bail out Jim Cramer's Wall Street buddies from having to suffer the consequences from their losing investment strategy.
This happened just a few days after the Fed's 50 basis point cut in September.
This happened just a few days after the Fed's 50 basis point cut in September.
posted by stefankarlsson at 9:58 PM
6 Comments:
It is not possible to se what´s in the square in this article?
Göran
Sweden
Square? What square?
Probably the videosquare... Install flash.
it probably is a videosquare
Göran
Sweden
May I ask your view on a theory that say that six months after US T-bonds has risen in value (long term interest rates have fallen) the dollar will have a decent rise?
T-bonds have risen 12% since june, consequently one can expect a USD-rise during 2008, what??
Best Regards,
Göran, Sweden
I don't see any validity in such a theory as it doesn't make any sense at all. To the extent there would be any causal connection at all it should be the opposite as lower interest rates makes it less attractive to invest there.
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