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[...] Tamed or Caught Napping? – NY TimesMore "world coordination" on rates needed – ReutersWhy the Federal Reserve Can’t Save the Dollar – Money [...]
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This is silly. Why is it quoting inflation figures from June? That's ancient history. Also, it neglects the reason the dollar has strengthened the past 2 months…banks deleveraging. The fundamentals for this may be legitimate, but it fails to account for some serious macro events happening right now.
WILL THEE IRAQI DINAR (IQD) EVER BE WORTH ANYTHING IN THE NEAR FUTURE???? IQD VS USD CURRENCY !
1)The GREED Hole in world economy is 20%of the world GDP which comes to around 10trillion green backs.With 10% saving & about 5% minimum value adittion(GDP growth) minimum 1 to 2 year needed before room for new greed games develops albeit gradually.
2)So with a dozen soverign currencies up valuing against dollar,USA exports & jobs improving,BRIC group posting earlier revival than the rest,fortunes can be made only slowly and steadily.
3)No other way but BRIC currency where your best bet lies.