Monday, November 24, 2008
Masive increase in money supply=rally in everything followed by hyperinflation. Game over!
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.