Korean Job Discussion Forums

[Sooke]

I have to admit I didn't study very much economics, but isn't this a bad sign?

"According to Tom Blackburn of the Palm Beach Post, Cheney has invested heavily in "a fund that specializes in short-term municipal bonds, a tax-exempt money market fund and an inflation protected securities fund. The first two hold up if interest rates rise with inflation. The third is protected against inflation."
Cheney has dumped another (estimated) $10 to $25 million in a European bond fund which tells us that he is counting on a steadily weakening dollar."
http://www.smirkingchimp.com/article.php?sid=26772&mode=thread&order=0&thold=0

Msn sez:
"Vice President Dick Cheney's financial advisers are apparently betting on a rise in inflation and interest rates and on a decline in the value of the dollar against foreign currencies."

http://articles.moneycentral.msn.com/Investing/Extra/CheneysBettingonBadNews.aspx?GT1=8283

"His lawyer, Terrence O'Donnell, says outside money managers supervise the investments. "He has nothing to do with it," O'Donnell says."

Phew, that's a relief!!!

Before you guys rag on the magazine (Kiplinger's Personal Finance Magazine), here's what wiki has to say about them:

"Kiplinger's Personal Finance is a magazine that has been continuously published, on a monthly basis, from 1947 to the present day. It was the nation's first personal finance magazine, and prides itself on delivering "sound, unbiased advice in clear, concise language". It offers tips and tricks on managing money and achieving financial security, as well as information and practical guidance on saving, investing, planning for retirement, paying for college, and buying automobiles, homes and other major purchases."

http://en.wikipedia.org/wiki/Kiplinger's_Personal_Finance
http://www.kiplinger.com/personalfinance/

[huffdaddy]

[Wangja]

Rising US inflation and a falling dollar is not a likely scenario?

[igotthisguitar]

[huffdaddy]

[Woland]

The OP assumes that the individual members of the administration have more influence over economic cycles than they do. I don't see any story here, much as I dislike this administration.