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| User Info | Now We Got Problems......; entered at 2010-09-13 12:51:47 | |||
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Eleua Posts: 14018 Registered: 2007-07-05 N 47.72/ W 122.55 
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How much of this can be attributed to the "dollar carry" theory that was widely held on TF over a year ago? I'm not in the details on this, but I have noticed a general inverse correlation between the markets and the USD. Seeing the equity markets up hard on the dollar getting smoked isn't something that surprises me. Next question is if Ben really gives a **** about the USD. Would he pull it to save the USD or for some other banking function?  If manipulation is keeping rates low (T complex in a bubble to keep asset prices high and .gov deficit spending going at 12% of GDP), while risk is building (or being realized) within the system, the risk-reward makes the USD particularly unattractive. 2010-09-13 12:51:47
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