Monday, Nov 24, 2008
Masive increase in money supply=rally in everything followed by hyperinflation. Game over!
FT: Dollar slides as risk appetite warms up
The dollar and yen weakened on Monday as investor appetite for risk ticked higher on the back of rallying equity markets, following the US government bail out of Citigroup, the financial services company.
US authorities said they would issue a guarantee covering $306bn of troubled mortgage-linked assets and inject a further $20bn in liquidity on top of the $25bn it had already received.
Posted by flintster1994 @ 05:33 PM (268 views) Add Comment
1 Comment
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1. flintster1994 said...
Glbal fiat currency's were never designed to sustainable. We are approaching the end game now. The question is, what will be the outcome and the chosen/given solution? I suppose that's anyones bet!