JP Morgan, Citigroup , Goldman Sachs, BofA, all gone

Discussion in 'Economics & Trade' started by raymondo, Dec 1, 2011.

  1. bacardi

    bacardi New Member

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    the only choice the US has left is to keep interest rates at zero to prevent a default by the federal government. Now in order to do this Bernacke must keep buying treasuries in larger and larger amounts. This will eventually destroy the dollar and yes......eventually hyper inflation sets in....the only question is when!
     
  2. bacardi

    bacardi New Member

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    the only thing saving the US butt up to now is the fact that central banks keep buying dollars in reserve. Once that status is lost ( it wont be too much longer) thats when the party begins :)
     

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