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To: finnman69
Well, they just pumped (printed) a whole lot of money into the markets, so who knows. IMO, the Feds leave the rate unchanged because they have lost control, not that they ever had it to begin with, and don't know what to do.
64 posted on 08/15/2007 7:43:16 PM PDT by rabscuttle385 (Sic Semper Tyrannis * U.Va. Engineering '09 * Friends Don't Let Friends Vote Democrat * Fred in 2008)
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To: rabscuttle385

>Well, they just pumped (printed) a whole lot of money into the markets, so who knows.<

The Canadian exchange rate, at this point, is almost even with the dollar. I’m wondering just how much the dollar has been devalued with this new influx of freshly printed greenbacks.


74 posted on 08/15/2007 7:54:26 PM PDT by Darnright
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