Fed official warns about slipping into currency wars

Comments (4)
minipaws wrote:

We can kick any country’s a– is this war, because we can print money and borrow money faster than anybody!

Jan 11, 2013 1:02pm EST  --  Report as abuse
jaham wrote:

Why not just hold those securities to maturity?

Jan 11, 2013 1:09pm EST  --  Report as abuse
unclepie wrote:

the currency wars started in 1933 when Franklin Roosevelt started the dollar debasement policy which continues today. From 1793 to 1933, twenty US dollars would buy about one ounce of gold…140 years of price stability. Today it takes about 83 of those paper twenty dollar notes to buy the same ounce of gold.

Jan 11, 2013 2:00pm EST  --  Report as abuse
Mott wrote:

It’s matter of time. Once they break out, one with the precious metals at first and then with food and protection, will shine.

Jan 11, 2013 2:23pm EST  --  Report as abuse
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