Saturday Update: Larry Kudlow on how the Feds can strengthen the dollar and weaken gold.
This comes across more as desperation to me, than prudent monetary policy. The Fed keeps adjusting and re-adjusting and compensating and re-compensating rather than following sound fiscal principles. Consequently, while the markets are cheering wildly today, further down the line, we may be deeper and deeper in the dollar and inflation doldrums. More to come.
Mega dittos, Web.
ReplyDeleteThis is supplemental to your post.
ReplyDeleteThanks, Tom, for sending this. Won't have time to read until a little later, but will and may come back to comment again. Thank you again.
ReplyDelete