Posts Tagged ‘us dollar

23
Apr
10

new uber-counterfeit-proof $100 bill a sign of dollar’s strength?

the Chinese must have requested the new Benjamin as they buy a lot of these :).

the more i hear about how much Asia relys on US cash to run their economies (everyone knows what stuff costs when its all priced in US dollars), the more i think the dollar crashing conspiracies are bunk in short term.
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04
Feb
10

op ed on bernanke’s exit strategy

excerpt: ”
To sum up, the Fed creates a monetary base and the banks can create $10 for every $1 of monetary base. Wall Street firms created $20 for every Fed $1. In other words, the Fed only seeds the market. Beyond crude instruments like interest-rate policy, it has little control over how much actual money supply exists. In good times banks lend too much. And in bad times, such as today, they don’t create enough money because they lend too little.

Perhaps the lesson Mr. Bernanke drew from 2008-09 is not that we need more regulation but that financial firms should not be allowed to generate money out of thin air to write soon-to-be-bad loans. To seal his legacy, it is fractional reserve banking that he can rein in. Limit leverage and you take away the hot air from these bubbles.”

http://online.wsj.com/article/SB20001424052748703699204575017462822204340.html#

05
Dec
09

another anti-fed anti-dollar article in wsj

2 years ago these articles were only on fringe ‘tin foil hat’ websites…now their on wsj every week…

excerpt:

¬†“The nets came down on Wall Street, too. As the idea took hold that the Fed could meet any serious crisis by carpeting the nation with dollar bills, bankers and brokers took more risks. New forms of business organization encouraged more borrowing. New inflationary vistas opened.”

http://online.wsj.com/article/SB10001424052748704342404574575761660481996.html?mod=WSJ_hpp_RIGHTTopCarousel

10
Nov
09

dollar as chief inflator of stock market

interesting theory that fed is using 0% interest rates to drive investment $$$ into stocks…..lets see if central planning times things right this time :/

11
Jun
09

ever wonder why gas prices are still above $2.50 even in depths of recession?

I live in WA state where regular gas (as of 6/10/09) is $2.95 gallon…of which 56% is taxes, which = $1.62 gallon….

gas_tax

from http://moneyfeatures.files.wordpress.com/2009/06/gasoline_map_4_2009-for-6-9-2009.jpg

19
Mar
09

oil finally rallying…

excerpt from article:

NEW YORK (AP) — Oil prices hit news highs for the year Thursday after a decision by the Federal Reserve to spend billions snapping up U.S. bonds sent the dollar tumbling.

Oil is priced in dollars and when the U.S. currency weakens, it essentially makes crude cheaper.

finally….our inflationary monetary policy is¬†pushing my USO oil etf investment back into the black.

here’s my original post about oil back in january

http://culturalcapitalism.com/2009/01/06/im-betting-on-oil-in-2009/

06
Feb
09

jim rogers on world currencies




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