re: SHORT THE DOLLAR

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In theory increasing the monetary base would depreciate the currency, in practice it won't happen until the velocity of money picks up. You know that the value of the dollar has actually appreciated since the beginning of the QE programs? Even if velocity spiked the Fed can actually repo out as much of the money in the system as they want at any point in time. They won't suddenly do that because that would be a huge disruption to the economy but keep in mind the Fed has all the tools necessary to reign any threat of inflation they want. It's deflation that truly scares the shite out of them.

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