TV News LIES

Friday, May 09th

Last update09:07:17 PM GMT

You are here News Economy Dollar slides after US Fed plan

Dollar slides after US Fed plan

E-mail Print PDF

The dollar fell by 3.8% against the euro and by 3.6% against the pound.

The US currency also declined against the yen, the Norwegian krone, the Australian dollar and Brazilian real.

The Fed's decision to buy debt means it is effectively creating new money, leading to concern from investors about the over-supply of dollars.

TVNL Comment: Mission accomplished. What you are watching is wealth un-distribution. The people who make (create out of nothing) the money are taking all our stuff. They will start all over and sell everything back to us. Just like after the Depression.

More...


Most Recent Related Stories...


Warren Buffett Announces He'll Retire From Berkshire Hathaway, Shocks Shareholders

Warren Buffett resignsRevered investor Warren Buffett shocked an arena full of his shareholders Saturday by announcing that he...

Trump's China Tariff Shocks U.S. Importers. One CEO Calls It 'End Of Days.'

Rick Woldenberg thought he had come up with a sure-fire plan to protect his Chicago-area educational...

Trump softens tariff tone amid empty shelves warning, market slump

chain store ceo's meet with TrumpExecutives from three of America’s biggest retail chains warned President Donald Trump that things could get...

Trump pauses reciprocal tariffs for 90 days, ups China's levy to 125%

tariff warPresident Donald Trump on Wednesday − in the latest twist of the tariff saga that has...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!