In response to:

The First Bond Wars of the 21st Century

Greg 161 Wrote: Sep 14, 2012 9:48 AM
The beating of the value of the dollar will continue until the economy gets better?

“If the outlook for the labor market does not improve substantially, the committee will continue its purchases…..until such improvement is achieved.” – (Text of Federal Reserve statement on QE3)               Let the war begin. 

Ben Bernanke has thrown down the gauntlet and will, once again, attempt to de-value the U.S. currency on the premise that U.S. products will become cheaper worldwide versus their competition. 

More U.S. sales will be achieved at the expense of the other export areas, such as Europe, South America, and Asia. 

Yet, more U.S. exports means increased...