Comments on: Greenspan Talks Up the Dollar; Mr. Yen Forecasts Possible "Plunge" http://www.nakedcapitalism.com/2007/10/greenspan-is-talking-up-dollar.html Sun, 22 Nov 2009 04:39:16 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Anonymous http://www.nakedcapitalism.com/2007/10/greenspan-is-talking-up-dollar.html#comment-1122 Anonymous Thu, 18 Oct 2007 13:33:00 +0000 http://www.nakedcapitalism.com/2007/10/greenspan-talks-up-the-dollar-mr-yen-forecasts-possible-plunge/#comment-1122 Oh this is just too funny....<br/><br/>So let me understand this correctly: if a headline just flashed across Bloomberg that China's central bank announced they are going to sell $100 billion in US Treasuries and convert the money out of the US dollar, the markets would just shrug this off?<br/><br/>Does Greenspan actually believe his own BS? Oh this is just too funny….

So let me understand this correctly: if a headline just flashed across Bloomberg that China’s central bank announced they are going to sell $100 billion in US Treasuries and convert the money out of the US dollar, the markets would just shrug this off?

Does Greenspan actually believe his own BS?

]]> By: a http://www.nakedcapitalism.com/2007/10/greenspan-is-talking-up-dollar.html#comment-1120 a Thu, 18 Oct 2007 11:24:00 +0000 http://www.nakedcapitalism.com/2007/10/greenspan-talks-up-the-dollar-mr-yen-forecasts-possible-plunge/#comment-1120 I think the fair value of the yen vs dollar is south of 100, so I don't think any such "collapse" should be reason for complaining. I think the fair value of the yen vs dollar is south of 100, so I don’t think any such “collapse” should be reason for complaining.

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