Fed unashamedly trashing the USD?

I recall seeing a headline give or take a few this recently...any thinking as to what's really happening?

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Answers:   I regard as the Republicans are trashing the dollar. They have other loved deficits and debt.

Republican "fiscal responsibility" is a total myth put over on their duped minions. All you hold to do is look at what they DO, not what they SAY.

70% of the current National Debt was accumulate under simply three Republican Presidents; Reagan, Bush I, and Bush II.

They are the party of the rich and the richest 5% of the population owns 50% of ALL the intricate assets in the country. They safekeeping much less going on for inflation because those hard assets will inflate, they will hold their good point.

It is only the 80% of us that work for wages that get hurt.

And they don't want to pay for their time of war. Bush the Shrub is the ONLY President to ever cut taxes when at war.

One other did but he rescinded the cut to settle up for the war.

Elections enjoy consequences.

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Fed is not DELIVERATELY trashing the dollar.

They are a central edge and central bank will bail out their buddies the money center banks.

Destroying the dollar is a by-product of reducing short residence rates so the banks can borrow at short occupancy, and buy long term keeping the difference.

Hope this help.

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I'll do my best to make sure this doesn't nouns like a conspiracy assumption...

When our 'elected' officials intervene budgets, especially with hefty amounts of borrowing, they know they can verbs to tax the average citizen to annihilation.

With that in mind, when they borrow from the FED (the material government) they continue to stripe the pockets of investment bankers all over the world...its a moment ago real funny how the USA have to borrow dollars from the FED, when the Constitution ephatically states we reserve the right to regulate our currency. (I know there be Executive Orders that essentially 'wavied' this right; however, this was never ratify by an amendment; therefore, after 90 days, this be to be given back.)...

With the FED lowering interest rates, the US reduction falling to pieces, the value of our currency plummets because no other country, or even the FED, want to hold dollars. This is within direct relation to the fact the FED holding other foremost currencies. As the dollar continues to fall, the other currencies appreciate within value, once again, facing the pockets of investment bankers and currency speculators of the world.

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Yes I believe the Fed is sacrificing the US$ to some extent. During the recent raft of interest cuts the $ be affected. Money become cheaper and capital go offshore to countries offering better rates. As a result the currency gets sold down.

Worse still countries that hold hulking $ reserves get agitated about the pro of their holdings. Some countries have started reducing their reserves already. This only adds to the selling pressure on the $.

What hasn't be said is the cost of the war surrounded by Iraq, already a trillion dollar exercise. This has to be compensated for and currently it is paid for by the US running huge budget deficit and allowing huge balance of trade deficit.

In all plentifully worry going on for :-(

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Yea, basically, the feed inflated the dollar. USD worth less everyday.
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