Thursday, Sep 17, 2009

One for the techies

FDRalloveragain: Behold, Cashzilla!

US dollar strength has been growing into a juggernaut for more than a year, doubling in asset buying power in no time, after steadily falling since 1913. US Dollars are so strong now, it actually takes more than a year for the government to create a single penny (2 Year T-Bill yield is 1%).

Posted by devo @ 07:20 PM (241 views) Add Comment

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