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(Bloomberg)   Dollar hits lowest level versus Euro since May on announcement of QE3. THANKS, BEN. ENJOY YOUR LIMO   ( divider line
    More: Followup, Federal Reserve, federal funds rate, U.S. currency, Federal Open Market Committee, Bank of Japan, Mitsubishi UFJ, IntercontinentalExchange Inc., yen  
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733 clicks; posted to Business » on 14 Sep 2012 at 10:15 AM (5 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»

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2012-09-14 10:49:23 AM  
1 vote:
What this country needs to balance the top heavy wealth gap is some old fashioned hyper-inflation. Make it happen and I can pay my house and debts off in a year! And at the same time the filthy rich will be worth less. It's a win win.
2012-09-14 10:34:46 AM  
1 vote:

Rain-Monkey: Ssssshh, Subby. Smart people are talking.

You can talk later after school.

That's right. Takes an intelligent, mature adult to run the printing press at the equivalent of 12,000,000 full time jobs. Now, stand back, hold mah beer and watch my productivity.
2012-09-14 10:15:10 AM  
1 vote:
Not for anything, but a low dollar vs. a Euro isn't necessarily a bad thing. When the dollar is cheaper, US exports are also cheaper, which spurs other countries to buy our goods.
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