Saturday, November 17, 2007

Paulson's strong dollar

I'm pretty sure I know of a way to make the dollar stronger. Raise interest interest rates idiots.

The rhetoric. It is hard to believe that people believe this. Now we are trying forced intervention. Raise interest rates. That is a sure fire intervention. What Jerry is not allowed to manipulate his currency but big brother Uncle Sam can do forced intervention whenever he wants.

Raising interest rates would intervene, and commodities would plummet like a mother if you jacked them up fast enough to take the pain. That will never happen my friends which is why the dollar in your pockets is not worth the price of paper.

4 Comments:

Blogger MattKelly54 said...

http://www.bloomberg.com/apps/news?pid=20601087&sid=aCP7TEtZbz.A&refer=home

I am pretty sure that this guy just fucked himself. He has to lower rates. What a douche bag. Our country is fucked. I am going short on Monday. I love how your bearish on TV if you say the odds of recession are 50% when everyone knows that it is 100%. God, why are people so dumb. The problem is I am not allowed to short and the damn vix is at 30%. That is a killer.

7:03 AM  
Blogger Fresh said...

But we can't raise rates! Raising rates causes recession... and as we well know, recessions lose elections.

10:24 AM  
Blogger MattKelly54 said...

Ron Paul - President
Jim Tressel - Vice President

2:24 PM  
Blogger Jas said...

Tim Iacono, proprietor of themessthatgreenspanmade, on "The Bernanke Cycle"


1. Federal Reserve cuts interest rates
2. Equity markets surge
3. Dollar decline accelerates
4. The price of oil and gold soar
5. Treasury reiterates "strong dollar policy"
6. Housing market problems get worse
7. Credit market problems get worse
8. Dollar decline accelerates
9. The price of oil and gold soar
10. Federal Reserve talks tough on inflation
11. Treasury reiterates "strong dollar policy"
12. Equity markets plunge
13. Go to step 1

12:04 PM  

Post a Comment

Subscribe to Post Comments [Atom]

<< Home