July 11, 2006
Nothing Can Save the US Dollar
It’s telling that the US Dollar Index continues to suck wind even as US short rates have risen dramatically. I still believe itââ¬â¢s not a question of ââ¬Ëifââ¬â¢, but ââ¬Ëhow quicklyââ¬â¢ the December 2004 lows are tested in the US Dollar Index.
Related: Inflate, Devalue, Tax
Also read Paul van Eeden’s article from last March: Why rising interest rates won’t save the US dollar
Cat: | Time: 7:55 pm (utc+8) Comments (0)
