Thursday, December 30, 2010

yen rises

The dollar is near a six week low against the yen. People wonder why the yen rises. Well, it is because they do not trust the dollar due to quantitative easing. Economists say yen rises due to signs recovery is uneven. OK my question is - what recovery. Please remember what happening in weimar germany. Printing of money was excessive. This led to massive hyperinflation and people becoming poor. Friends, we are going down the same avenue.

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