TV News LIES

Thursday, Jun 18th

Last update11:39:14 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...


Door shuts on some immigrant entrepreneurs as U.S. restricts small-business loans

Small business loans restrictedBefore Sayuri Tsuchitani became an entrepreneur, she spent two decades on her feet: cutting, coloring and...

U.S. Trade Court Rules Trump Tariffs Illegal, But Issues Narrow Block

US Court of Int'l TradeThe U.S. Court of International Trade’s 2-1 decision leaves the temporary tariffs in place for all...

Inflation tops 4% for the first time in 3 years on spike in gasoline prices

Inflation at 4%Soaring gasoline prices, triggered by the U.S. war with Iran, have pushed inflation to its highest...

US gas prices hit $4.23 high as Hormuz fears drive oil surge

Gas hits $4.25 a gallonAverage US gas prices have hit a new high at $4.23 a gallon, their highest since...
 
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!