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Uncle Fester
PostPosted: Thu Sep 15, 2011 10:55 am 
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http://money.cnn.com/2011/09/15/markets ... ?hpt=hp_t2


So does this devalue the dollar vs foreign currency or strengthening it? For some reason it is going over my head.

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Arathain Kelvar
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PostPosted: Thu Sep 15, 2011 11:36 am 
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GOD DAMN IT
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Uncle Fester
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PostPosted: Thu Sep 15, 2011 11:37 am 
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Arathain Kelvar wrote:
GOD DAMN IT



sorry sorry, I will re read and try and understand again.....sheesh :D

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Ladas
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PostPosted: Thu Sep 15, 2011 11:39 am 
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WTF.
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Khross
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PostPosted: Thu Sep 15, 2011 12:38 pm 
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By the way, monetizing European debt with American dollars pretty much invalidates your Thornberg thread, LadyKate ...

Fester:

Weimar Republic and Zimbabwe should be coming to mind.

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Uncle Fester
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PostPosted: Thu Sep 15, 2011 12:50 pm 
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Khross wrote:
By the way, monetizing European debt with American dollars pretty much invalidates your Thornberg thread, LadyKate ...

Fester:

Weimar Republic and Zimbabwe should be coming to mind.


stocking up on ammo and food

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Xequecal
PostPosted: Thu Sep 15, 2011 1:14 pm 
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Are we seriously just printing money to give to Europe now? How is this any different from the government just borrowing a few trillion dollars to bail out Europe's banks? That's dubious enough when we bail out our own banks but now we have to bail out everyone else too?
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Elmarnieh
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PostPosted: Thu Sep 15, 2011 1:17 pm 
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We have been since 2009 Xeq.

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Vindicarre
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PostPosted: Thu Sep 15, 2011 1:21 pm 
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Longer than that:
http://www.bloomberg.com/news/2011-04-0 ... ecret.html

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