The US currency is moving (albeit very trudgingly) upwardly because the next interest rates move (up) is expected to be 50%(!!).....
Now....Now what will happen if A.G -realising the perilous state of the world economy (and of-course the US) instead of 50 points were to give only a 25% nudge?
Naturally he has to decide, between the two alternatives...
Low rates -reasonably low that is- and some economic growth OR.....Higher rates and no growth at all, i.e stagflation.....
Do we (perhaps) have a situation whereby, A.G confronted with a situation of having to choose between ..."Scylla and Charybdis", will have to show his unparalleled ....Wisdom?
After all, he is the Greatest....Is he not?
gold fall tonight, page-19
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