tag:blogger.com,1999:blog-11719208.post8364356952015029593..comments2023-11-05T04:36:14.223-08:00Comments on The Mess That Greenspan Made: The week's economic reportsTimhttp://www.blogger.com/profile/16530974968126497397noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-11719208.post-4115628501903589842008-03-16T00:04:00.000-07:002008-03-16T00:04:00.000-07:00It seems export sales are increasing due to higher...It seems export sales are increasing due to higher export prices, and we are not exporting more goods, which would require manufacturers to hire more workers and purchase materials, supplies, and additional equipment to expand their capacity. We are just receiving more dollars that are rapidly devaluing, and this is good for their profits which may provide more tax revenue. Since exports only account for 12% of GDP, it probably is not a major factor anyways. I guess it's something though.<BR/><BR/>The CPI fraud was simply to give Ben an excuse to lower interest rates (for the banks, not for those who borrow money from the banks since these are going up).<BR/><BR/>If he does, there will probably be major Central Bank intervention to support the dollar, and the PPT will likely crush the Oil and Gold bugs. Otherwise, the dollar will crash and gold/oil will spike. Anyones guess what will happen, but it should be exciting, and very profitable for those who have insider information (not me).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-48156749937015088442008-03-15T22:36:00.000-07:002008-03-15T22:36:00.000-07:00if the us government is going to support or bail o...if the us government is going to support or bail out bear stearns, how about we require all the greedy bastards working there return all their bonuses and huge salaries for the last 7 years, which is about for how long this mess has been brewing. ...<BR/>my god what a stupid, unfair, country we have.Anonymousnoreply@blogger.com