With the economy and financial markets improving, the Federal Reserve Board could be close to allowing short-term interest rates to return to “normal”. This rise could be fairly fast and go quite far. As I described in “US Dollar’s Decline? Think Interest Rates, Not Inflation,” an interest rate increase will produce a worldwide gain... »
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Archive for October 20th, 2009
The US Dollar – A Game of Chicken?
Tuesday, October 20th, 2009
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