John Hussman of Hussman Funds thinks so:
"... My impression is that Ben Bernanke has little sense of the damage he is about to provoke. A central banker who talks about throwing money from helicopters is not only arrogant but foolish..."
Read more
Comment: The effort is worthwhile to study Hussman's argumentation in his article. He is quite good at explaining what drives exchange rate movements - worthwhile indeed the effort spent in reading Hussman's article. Reading it is highly recommended.
No comments:
Post a Comment