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  • flyingzorbaman flyingzorbaman Oct 20, 2010 1:00 PM Flag

    Dollar plunge resumes

    Inflation is how the U.S. has paid its debt since 1785. Luckily for us this time around, we have financed the last two years worth of U.S. debt at record low interest rates and that matters.

    You are wrong when you say there is no demand. The world's economies are growing rapidly and we are positioning ourselves to remain the world's most important economy. Domestic retail sales point toward the fact the you cannot kill the U.S. consumer.

    And you are right when you say headlines and reality are two distinctly different things. But I see mostly doomday predictors. If you watch Fox News that's all you see. But remember that Roger Ailes has a political motive; I have a financial one.

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