Dollar Projections & US Currency Manipulation

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Subject:	Addendum-- US Currency Manipulation…
Date:	Wed, 9 May 2012 11:27:28 -0700
From:	Jas Jain

Addendum-- US Currency Manipulation…

I forgot to add that just as the dollar came crashing down after the artificial strong dollar policy, it would shoot back up from the artificial weak dollar policy once something triggers the global meltdown in the financial markets. It must be obvious by now that morons like Jim Rogers and Peter Schiff, both born-and-bred American dopes whose corrective mechanism have been disabled, don't know chit about currencies and Treasury bonds.

DXY above 100 and USD more than 100 INR within the next three years is a sure bet.

Jas

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US Currency Manipulation and Its Victims During the Reagan (Now Kudlow) Strong Dollar Policy

Attached Chart of the dollar index (DXY) is from an external source and the comments on the chart are not mine.

Two groups that were hurt the most during the Reagan-Baker strong dollar (King Dollar) policy of mid-1980s were farmers and manufacturing. The reasons should be obvious as to why. The biggest beneficiary of the Reagan policy was S. Korea, though Japan also benefited handsomely. China also got its start at the same time. Amazingly, the bicoastal economies did very well under Reagan, but the coastal states are still primarily Democratic.

Under the Bernanke-Obama weak dollar policy the two groups are doing very well, but the long-term damage to manufacturing done under Reagan can't be repaired unless overall wages fall something like 20-40% from the current levels.

The US has been as much of a currency manipulator as any, but one can count on dishonest born-and-bred American dopes to always blame others. All economic manipulations are bad long-term. Consistent long-term policies are the best.

Jas

May 8 Dow-Gold Ratio Continues Climb As 'Civilized' Investors Buy Equities
May 7 ECRI Has Mixed WLI Readings As Economic Growth Worsens

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