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Thursday, March 28, 2024

THE DOLLAR CALLS BERNANKE’S BLUFF

THE DOLLAR CALLS BERNANKE’S BLUFF

Courtesy of The Pragmatic Capitalist

Markets are reversing huge gains as the dollar turned on a dime after a brief dip following the Fed statement.  The dollar has called Bernanke’s bluff and investors are realizing that the Fed’s plan to print our way to prosperity might not work.   The Fed’s actions are positive in the near-term, but printing money is not conducive to a durable and sustainable economy.

usd, dollar

 

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