Post-Industrial Revolution Society

The Fed can't control goverment consumption or a trade balance, sources of the weaker Dollar. Expensive oil hurts too.
War spending hurts.

If our Congressional Reps keep voting subsidies what can the Fed do?


The Dollar is not in crisis though, the trade deficit is shrinking, US imports are gaining. Tax receipts are at an all time high.
We may have another rate cut soon too.

The next big thing is the comming crash of the Chinese Stock Market which has gained 600% in the past two years. unsustainable.

 

That's because the overwhelming majority our politicans are turncoats who do the bidding of the private bankers while ignoring the people that put them into office.

Yes, government subsidies create the need to barrow money from the Fed. However, if the government printed its own money (like it did prior to 1913), instead of barrowing it from the private banks, it wouldn't be nearly as bad.

You say the dollar is not in crisis, and I ask you what planet are you living on? Either you're disconnected from reality, don't follow what's going on, or are just another yuppie who doesn't care as long as you're raking in the dough. Everyone from Greenspan to the head of the IMF has warned of a collapse of the dollar, yet you say it's not in crisis and cite US imports as the reason? Give me a freaking break already!

And what makes rate cuts good? That will only send the value of the dollar lower than it is. Rate cuts are only a temporary fix for a falling dollar, which will only continue to fall as time progresses. This country is already in a recession and we're going bankrupt. People like Ron Paul have made this quite clear.