Posts Tagged ‘policymakers’

Posted on November 8th, 2009 by by Chuck Madere

When the Dollar Rallies, the Market Will Crash

Bernanke’s success in reflating sagging asset prices has depended entirely on interest rate manipulation and liquidity injections. There’s been no effort to patch household balance sheets, increase production, or strengthen overall demand. It’s a clever trick by a master illusionist, but it has its costs. When the dollar rallies, markets will crash. And Bernanke will be responsible.

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