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Ray Bod
Bloomberg Television
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Comments by "Ray Bod" (@raybod1775) on "Fed Policy to Lead 10-Year Yield Lower if Economy Weakens: Rupkey" video.
This Fed really lies about inflation because its not as low as they say. Historically, this could cause a quick and steep rise in inflation as people lose faith in the dollar, as it once happened to the Germany mark and many other currencies. Why would anyone save dollars if they get nothing but punished for holding onto dollars? Once people sell things in dollars, they'll quickly convert dollars to some other asset. If that turns into an accelerated cycle of unloading dollars, kiss this economy goodbye.
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