Re: Fed comment on currency swaps
November 13, 2008 at 07:04 AM EST
[Skip to the end] (email exchange) Yes, thanks, seems he doesn’t fully grasp what the swaps are about? Seems none of them do. With oil going down the US will spend less on imports making USD harder to get overseas, keeping the USD relatively strong and exacerbating the foreign sector USD squeeze. > > On Wed, Nov 12, [...]
