Please have this guy read my dollar posts...clearly he does not understand that the Fed does not create the money - the banks do. If they don't lend money is not being created. If they call in loans then money is contracting...but this guy's a rocket scientist - he says "...its SDR's stupid?"
"Every day is christmas...don't worry everything will be fine over time if you buy quality..."
click to hear the audio
Clearly there is a tremendous misunderestimating of the misunderstanding of how the economy functions and how the money system works...and these guys are on TV? wow.
Q2 GDP Tracking: Moving on Down
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[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
There will be additional trade related distorti...
2 hours ago