Quote from JamesVU2000:
The euro is a total joke. Its a monetary union and europes banks are in just as bad of shape as the US if not worse. I here the UK has the worse, that could be why the pound is dropping like a stone
Quote from fearless9:
So why the flight to zero Treasuries
regards
f9
Quote from tradersboredom:
it's not a flight to treasuries.
money is temporarily parked at treasuries by short funds, traders profits etc.
the money has to be recirculated otherwise long term inflation will destroy the value of money or buying power weakens of cash.
FED and US gov't has high debt so inflation is the only way and best wayt to lower national debt without taxes in the long term.
with inflation the national debt loses value.