Quote from achilles28:
Given the FED and other Central Banks are making strong overtures for a coordinated devaluation of all currencies, led by the US dollar (to reflate the junk), America is pretty much toast.
Quote from DrPepper:
Thanks for the link to Chris Martenson's website. It looks very interesting, so I joined it.
On his site, he states that the dollars that the US is printing to buy Treasuries are ending up in the stock market and is fueling the current rally. But I do not understand how that occurs. If the dollars are printed by the Fed and are given to the US government to pay for it's Treasuries, who gets that money and buys stocks with it?
Quote from DrPepper:
Thanks for the hint. So Goldman Sachs receives large amounts of cash from Treasury sales and uses the money to buy stocks?
Feel free to spell it out for me, since economics and finance are not my field.
Thanks.
