Monday, February 18, 2013

Currency War Handicapping

Mish makes an important point:

The ECB wants a cheaper euro, the Fed wants a cheaper dollar, China wants a cheaper yuan, and Japan wants a cheaper yen.

Mathematical reality says that's impossible, yet that is what every country wants to achieve.

Read more at http://globaleconomicanalysis.blogspot.com/#f7Kx09ua22joKo0W.99
 


Yes, but on that list is the world's sole superpower, not only in military but in finance, such as both are estimated.

If the FED goes "nuke" with its financial instrument firepower, will it win?  (Personally I think it would be a pyrrhic victory, but yes.)

There are alternatives.  Free the American people.

Feel free to forward this by email to three of your friends.


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