Beast Toast - View Single Post - Fed Bank Of New York Admission To Devaluing The Dollar By Design

RATSOADM · 02-29-2008, 01:45 PM

Quote:

Originally Posted by rightwinger

again. You gotta post the site where you got it from.

- Post details: Fed Bank Of New York Admission To Devaluing The Dollar By Design

Which hasn't really happened.

This mean anything to you?

The US Treasury doesn't get any of your blame?

Plus. It's not really the Fed. It's more the deficit, the constant spending, and the borrowing from China. That's not really on the Fed, imo. Bush shares most of theresponsibility for the weak dollar.

NPR: Is a Weak Dollar Really So Terrible?
The dollar | The panic about the dollar | Economist.com

The idea that the existence of the Fed is to blame, is silly. Or some kind of "elite" strategy or something.

Wow youre not even very GOOD at changing the topic and avoiding the issue... talk about who else is to blame.. well even you are to blame then right? so should we ignore the fed now?

Quote:

Oh on the contrary. I'm sure I can speak for RATSOADM when I say that we also blame Bush and other entities for our current economic situation. Borrowing and being more and more dependent on China, as well as being in 130+ countries and running up the deficit surely doesn't help

Looks like im gonna be carpooling more often