is the US central bank driving down the value of the dollar on purpose?

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is the US central bank driving down the value of the dollar on purpose?

so they can buy those dollars back real cheap, once the rest of the world starts dumping them?

2007-11-08 09:14:01 · 3 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance

3 answers

That would assume that someone in the US Central Bank has the intelligence and forethought to actually do that.

I'm gonna hafta go with "No" on that one.

2007-11-08 09:17:04 · answer #1 · answered by Scotty Doesnt Know 7 · 0⤊ 0⤋

This Administration and it's appointees can't seem to manage to actually achieve anything on purpose. And when you ask them about it, they can't remember--If the Beloved Leader lets them testify at all.

So, my guess would be no.

2007-11-08 19:24:54 · answer #2 · answered by Anonymous · 0⤊ 0⤋

LETS HOPE THAT'S WHATS GOING ON.

2007-11-08 21:05:52 · answer #3 · answered by jerry z 6 · 0⤊ 0⤋