The PhD* economists over at the Mariner Eccles building aka the Federal Reserve** have really made a genius move in raising interest rates.
- Look at how the Dollar Index has responded.
I expect more of the same from them, more interest rate hikes.
- This will continue to crush the Dollar.
*You all know what BS is, MS is more of the same, and PhD is piled high and deeper.
**The FEDERAL RESERVE is no more 'Federal' than Federal Express is, it is a privately-held, for-profit, bank; and there are no reserves.
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