All these efforts, printing trillions of USD to lower it's value in order for the US economy to regain competitiveness on the international markets...
It has all proven useless thanks to southern Europe who have offered the old continent's economy and export sector a much needed push in the back by trashing the Euro down hard only to leave US manufacturing industry priced out of the market once more.
When will Bernanke and the FED intervene?
Bernanke himself commented he sees no harm in a weakening USD as long as it's slide takes place in an orderly fashion...
How about a skyrocketing USD? Does he sees any harm in that?
It has all proven useless thanks to southern Europe who have offered the old continent's economy and export sector a much needed push in the back by trashing the Euro down hard only to leave US manufacturing industry priced out of the market once more.
When will Bernanke and the FED intervene?
Bernanke himself commented he sees no harm in a weakening USD as long as it's slide takes place in an orderly fashion...
How about a skyrocketing USD? Does he sees any harm in that?
