World Info Hub - We Are All Connected - The Whole World is Watching - It Is Bigger Than Us - Be the Change

PEACE - LOVE - FREEDOM - INFORMATION - RΞ√ΩLUT↑☼N - ADAPT - OVERCOME - RISE ABOVE - EDUCATE - MOTIVATE - INSPIRE

Exercising the Right to freedom of thought, belief, opinion and expression, including freedom of the press and other media of communication

Loading
--- If you would like to post front page articles on chaoticfate.com register here

Monday, April 25, 2011

Don’t Like a Weak Dollar? Might as Well Get Used to It

ChaoticFate.com by qew
INFORMATION REVOLUTION




By Jeff Cox - CNBC.com

Weakness in the US dollar, which is causing everything to go up—including gas prices, food and stocks—is unlikely to go away soon as a selling frenzy hits the currency market.
The greenback is approaching pre-financial crisis lows and threatening to smash through its all-time low when measured against the world’s predominant national currencies.
A combination of factors accounts for the weakness, with the Federal Reserve’s easy-money policies, huge national debts and deficits and the consequential possibility of a debt downgrade because of the financial mess in Washington leading the way.
Read entire article

0 comments:

Post a Comment