This guy says that the recent dollar rally was due to rumors that the ECB was going to raise interest rates? Can someone please explain this logic to me...wouldn't the dollar fall even more against the Euro on such rumors?
currency speculators look at currencies with central banks pedlling higher rates more favourably. For example - iceland - problem is when they bail out, floods the market with excess funds- decreases the price - inflationary worries are worrying holders of U.S dollars, combined with low rates - devaluation. Thus rumours suggesting the fed raising rates would and did bring some momentary stability.
YES defense contractors & & oil co's are the only ones profiting from the rest of the world's blood and money....we're selling our soldiers out to be the world police. yeah you're right Mr. Stiglitz...anger is rising. People please pay attention - Obama, Clinton, NOR McCain can handle this... Ron Paul NOW
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johnnyhaxor 3 years ago
Capitalism is a dead end street Alex.
Think of the world as an apple. Capitalism eats the apple until there is nothing left but a rotten core that can no longer support any life.
It's all just part of the pyramid scheme. Taxes and wealth all flows up the pyramid to the world monarch running the planet.
Slavesrevolt 3 years ago
This guy says that the recent dollar rally was due to rumors that the ECB was going to raise interest rates? Can someone please explain this logic to me...wouldn't the dollar fall even more against the Euro on such rumors?
alabasteroldsoul 3 years ago
currency speculators look at currencies with central banks pedlling higher rates more favourably. For example - iceland - problem is when they bail out, floods the market with excess funds- decreases the price - inflationary worries are worrying holders of U.S dollars, combined with low rates - devaluation. Thus rumours suggesting the fed raising rates would and did bring some momentary stability.
derrobb 3 years ago
YES defense contractors & & oil co's are the only ones profiting from the rest of the world's blood and money....we're selling our soldiers out to be the world police. yeah you're right Mr. Stiglitz...anger is rising. People please pay attention - Obama, Clinton, NOR McCain can handle this... Ron Paul NOW
cv1122 3 years ago 3
The banksters and other crime families running this planet are all in it for the money.
We are nothing but human resources.
They decide who lives and who dies, where the bombs fall and who makes the bombs.
Slavesrevolt 3 years ago 2
Please watch
mykeepsakevideos 3 years ago