tag:blogger.com,1999:blog-8529580665294663953.post5914136192142559639..comments2023-10-27T04:26:57.609-07:00Comments on InvestorCentric: Fed Cuts Interest Rates By 0.75 Points: U.S. Dollar Now Second Lowest Yielding Major CurrencyNuWire Investorhttp://www.blogger.com/profile/02512928198926080436noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-8529580665294663953.post-38050455285913152742010-04-19T07:25:37.830-07:002010-04-19T07:25:37.830-07:00Good explanation about yield of a currency importa...Good explanation about yield of a currency importance. Thank you........Currency Rateshttp://www.currencyrates.innoreply@blogger.comtag:blogger.com,1999:blog-8529580665294663953.post-45700595907274218922008-03-20T17:55:00.000-07:002008-03-20T17:55:00.000-07:00I agree that this is really a no win situation for...I agree that this is really a no win situation for the Fed. If they don't lower interest rates people will call for Bernanke's head, at the same time every time they do lower rates it just takes a bigger bite out of the dollar. <BR/><BR/>One of my biggest fears is that these foreign countries who are financing our debt decide one day that they have had enough and take their money elsewhere. That is when the really bad stuff will happen, and not something I want to see. I just don't see how we can keep things going like they are now for much longer. I know if I was one of those foreign countries the Euro would be looking really good right now.Eric Ameshttps://www.blogger.com/profile/01345721212538060888noreply@blogger.comtag:blogger.com,1999:blog-8529580665294663953.post-91821033762687763082008-03-20T15:18:00.000-07:002008-03-20T15:18:00.000-07:00Unfortunately we are in a situation where the "rig...Unfortunately we are in a situation where the "right" move for the credit markets is the "wrong" move for the dollar.<BR/><BR/>Not only is yield an issue ... our falling currency is hurting countries who peg their currency to the dollar.<BR/><BR/>All the foreign currencies that are pegged to the dollar are talking about disconnecting from our falling greenback because its devaluation is causing their oil prices and therefore their inflation rate to soar. <BR/><BR/>It is the economist's version of Catch 22.<BR/><BR/>I would hate to see the Euro become the currency of choice in our modern world ... and it could happen.Dike Drummond MD CPChttps://www.blogger.com/profile/07360095924917295052noreply@blogger.com