Sunday, September 6, 2009

The Dollar may crash says Roubini

“If markets were to believe, and I’m not saying it’s likely, that inflation is going to be the route that the U.S. is going to take to resolve this problem, then you could have a crash of the value of the dollar,” Roubini said in an interview today in Cernobbio, Italy. “The value of the dollar over time has to fall on a trade weighted basis, but not necessarily relative to euro and yen.”
Source Bloomberg

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