Falling U.S. Dollar: It’s Lack of Demand, Not Rising Supply, Pharo’s Dow Says
By johnu1978 - Last updated: Tuesday, November 17, 2009 - Save & Share - One Comment
In the following video Mark Dow a hedge fund manager at Pharo Management talks to Tech Ticker about the falling dollar and how the Federal Reserve is impacting the dollar’s value. He also explains how the dollar’s reduced buying power is attributed to a decreased demand for the currency.
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Posted in Economics • Tags: currency, depression, dollar, Economics, Federal Reserve, gold, Mark Dow, Pharo Management • Top Of Page
Comment from joe
Time November 17, 2009 at 10:14 pm
Sounds like more Fed apologism to me. So let me get this strait, the fed is not monetizing or so he says, but the people who are concerned about inflation, they will bring about the collapse of the dollar through some kind of self fulfilling prophecy? Translation: It’s not the fed’s fault when the dollar collapses, it’s your fault, so be good little slave and accept this new global government and pay your carbon taxes!
Put this jerk on the list of people to try for crimes against the people when the revolution starts. What a pathetic lapdog!