Quote:
Originally Posted by merrylander
The theory (or explanation) I heard was that as long as the Fed keeps interest rates at 0 people are taking U.S. dollars overseas, say Thailand and buying Thai Bhats (think that is what they call their money) getting a 4 or 5 % return and then converting it back to U.S. dollars that in the interim had been devalued so they make extra profit. None of this is helping the dollar's value but the thieves in Wall Street could care less.
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Only in America....................Oh wait that happens in pretty much every third world country also.
