Quote:
Originally Posted by NoRush993/951
The balance sheet is another closet of IOU's. There isn't sufficient dollar liquidity to go around. The game is all about confidence. The dollar is in demand by Brits and Europeans especially. No worries about it in the near term.
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Yep it is all about confidence..the world has confidence in the FED. The FED realizes it and acts accordingly...their reaction to December proves it.