stranger_in_the_alps Posted April 2, 2006 Share Posted April 2, 2006 Avoid the US dollar. The new Fed chairman is purposefully devaluing the currency. It's the easiest way to pay off the deficit - just print money. How do you devalue a currency by making your interest rates relatively stronger against a basket of other currencues? Please explain? Exactly. The demise of the dollar is so certain in all the media, the soothsayers, and pundits. When everybody knows, its old news and 90% of the move has happened. Its wise to diversify internationally, but pulling out of the dollar now is the height of hysteria. The socio-economic challenges ahead in Europe and Asia are not insignificant either. Link to comment Share on other sites More sharing options...
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