Agreed. But the fact remains that this process is gonna take a long, long time. Unfortunately, all too often the market is like a "two-year" old screaming for a candy bar from it's Momma.
you have to love this though!! The dollar isnt even a real currency anymore, its become more like beer in a bar..., the more of it that there is floating around the more people want to buy it, and so its value kees rising as demmand for it does! I bet if the fed announced tomorrow they were gna print out 10zillion pieces of paper with teh dollar logo on them (its a real number), the dollar would rocket through arity with euro n pound in seconds!
Except that the only countries we've ever seen that happen in is countries which behave the way the United states is behaving now. You and Karl Marx are still waiting for it to happen in a free market economy. Do us a favour and hold your breath until it happens.
G's very odd body posture straighten right up when he was posed with the question of Dollar policy. Long USD