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the dollar will rise big time but it won't last

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Uploaded by on Nov 23, 2009

Paul Craig Roberts tells about the falling dollar, budget deficit, trade deficit, low interest rate, dollar carry trade, federal reverve's bailout, brazilian real, botswana pula, double dip, ben bernanke, foreign oil imports, gun club, police shootout, hyperinflation, depression
recorded on November 18th 2009

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  • how does the carry trade end unless federal debt increases reverse and the dollar discontinues it downward slide - the dollar pop you talk about can't happen unless these things surface - you need to follow through and not just make statements without explaining how it will happen

  • Apparel that is already in this country will go lower and lower including electronics and anything in retail pretty much. Only those that we import extra will have higher prices.  Food will increase of course. Low real estate prices and low stock prices once the dollar tanks and when one gets out of precious metals will only increase purchasing power as those and services will be sold on pennies on the dollar

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