This morning, the head of the European Central Bank broadcasted that they are done hiking interest rates on the euro for the short term. That soft move and weak talk has caused our otherwise completely worthless dollar to go straight up against the worthless euro.
Wow. And the market yawns. http://www.zerohedge.com/article/euro-plunges-dovish-trichet-comments
Subscribe to:
Post Comments (Atom)
Bad Ideas, Like Bad Verdicts, Last Forever (Originally Published in March of 2013)
Of all of the stupid things we do, changing our clocks each spring and fall, has to rank near the top. The anarchists of Arizona don't r...
-
Of all of the stupid things we do, changing our clocks each spring and fall, has to rank near the top. The anarchists of Arizona don't r...
-
Earlier this week, graphs started popping up on X and other places. Most of those graphs showed the steep and dramatic increase in popular ...
-
There is a giant swath of folks in this country who simply cannot believe what is happening. They cannot believe that a "convicted felo...
1 comment:
So they're back to inflation? Yawn. I'll believe that they're serious about inflation when they get back to the gold standard.
Post a Comment