First they created Nasdaq bubble Then they created housing bubble Now they created everything in the world bubble - commodities, stocks, food etc. Although we can't say they create only bubbles - they also crashed dollar They are really good. It's so easy to make make money with the Fed
Any reason why you feel the need to repeat yourself, kashirin? Congrats on having opened two threads within days where you say the same thing.
trefoil, I said a different thing now as time goes I see new effects of Fed policy I don't think they are stupid people but they just can't hold pressure Armageddon will not happen, of course USA will stay the leader But all this irresponsible behaviour might lead to losing reserve curency status which I think is very important Most countries that pegged their currencies to dollar experience 8-15% inflation now. And with such policy as Fed provides now the same will happen to US inflation