Rubin Says He Has Too Many Dollars 13 Years After Departing U.S. Treasury

When the US has adopted a "strong Dollar policy"--yet the greenback continues to erode in value over the years, the average American citizen might want to sit up and take notice.

But when the former US Treasury Secretary is dumping USDollars in his own personal portfolio, the average American citizen might want to jump up and take notice. 


http://www.bloomberg.com/news/2012-03-09/rubin-has-too-many-dollars-13-years-after-leaving-u-s-treasury.html

Yep, QE to infinity is coming.

Despite declarations of quantitative easing ending, and "exit strategies" for pulling back "stimulus" spending, the title of this Bloomberg article says all you need to know ("G-7 Vows to Keep Economic Stimulus Even as Budget Deficits Grow"): central banks worldwide will predictably continue to print money in an attempt to stave off The Greater Depression. Congress and the Obama administration will continue to kick the can down the road--at least until the mid-term elections are over. Meanwhile, the budget deficit and national debt will continue to grow by monstrous proportions.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aHNY95xmqjwM&pos=1

And Tim Geithner, US Treasury Secretary once again endorses a "strong dollar policy." Yeah, right...we've all heard that one before.