On Thu, Nov 4, 2010 at 8:46 AM, Publius Maximus <[email protected]> wrote: > The move by the Fed today to basically create another $600 bil. out of > thin air over the next 8 months is a gamble that will backfire. > > The inflation beast will soon be unleashed, and then look out. > > This is a bad move, and anyone who knows anything about economics > knows this will seriously devalue the dollar -- amounting to a 30-60% > tax on everyone's income. ------------------
I thought that was the GOAL. To devaluate the $ giving other countries an easier time to START to do business with the USA. Current $ strength is keeping our goods from getting purchased on an international marketplace. We say we want more jobs don't we? --- Stephen Russell Sr. Production Systems Programmer CIMSgts 901.246-0159 cell _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
