An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Monday, November 3, 2008
Obama victory may bring dollar spike
Don't be surprised to see a dollar spike if Obama wins the election. His team may quietly make their desires for a stronger buck known to Treasury and Fed officials. They could then point to that as a global vote of confidence in his new presidency. Watch Fed forex swap amounts for an indication.
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