Good news for US stocks?
http://www.spiegel.de/international/spiegel/0%2C1518%2C453906%2C00.html
assume you hold US dollars -
how would you protect yourself against a fall in their value?
gold?
or would you buy stocks, no matter how low the current yield, because that yield should be capable of adjusting for inflation?
or would you buy US farmland, or rental property for the wealthy, with a similar assumption?
I don't know. I do know any savings held in US dollars will be worth less when this is over. While before any debt held in US dollars was inflated away, I don't know if that will hold this time.
the loan has come due -
get ready to pay for the mess in Iraq