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Originally Posted by Rubber Duck
Which means domain registrations are 15% cheaper!  |
Possible, you converted all your momney into barrels of oil. Oil price risen 40% against the dollar past 3 quarters.
Ben Bernanke believes in the textbook theory of printing money to avert recessions. But just as one can't cheat death, one can't avoid the effects of a recession, the economy will hit back at him some other ways.
But one thing for sure, Asia will benefit from the capital fleeing the US while he tries to devalue the dollar. Asian governments, washed with cash, will start going round the world, like Africa, buying up oil fields, mines and resources. Natural resources are the foundation of economic power, wealth, and finally military power.