Comments on: Fed’s Latest Rate Cut http://www.dailyreckoning.com.au/feds-latest-rate-cut/2008/03/21/ An independent perspective on the Australian and global investment markets Sun, 21 Mar 2010 08:37:19 +0000 http://wordpress.org/?v=2.8 hourly 1 By: christina http://www.dailyreckoning.com.au/feds-latest-rate-cut/2008/03/21/comment-page-1/#comment-13005 christina Sat, 22 Mar 2008 04:36:12 +0000 http://www.dailyreckoning.com.au/feds-latest-rate-cut/2008/03/21/#comment-13005 You're so funny Mr Editor! It's true, they all act like teenagers those governers, with the morals of alley cats. You're so funny Mr Editor! It's true, they all act like teenagers those governers, with the morals of alley cats.

]]> By: John http://www.dailyreckoning.com.au/feds-latest-rate-cut/2008/03/21/comment-page-1/#comment-12932 John Fri, 21 Mar 2008 16:01:32 +0000 http://www.dailyreckoning.com.au/feds-latest-rate-cut/2008/03/21/#comment-12932 I think the big question is whether the Fed can secretly convince the rest of the world's central banks to keep using the US dollar as their reserve currency. If yes, then the bubble will keep going. The Fed's ability to keep printing more dollars and bail out creditors will go unlimited. We'll have inflation and all that but If not, then the dollar will crash and we'll have ourselves a depression. I think the big question is whether the Fed can secretly convince the rest of the world's central banks to keep using the US dollar as their reserve currency.

If yes, then the bubble will keep going. The Fed's ability to keep printing more dollars and bail out creditors will go unlimited. We'll have inflation and all that but

If not, then the dollar will crash and we'll have ourselves a depression.

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