[klubneras]

Call it as stupid phrase and focus on the semantics of my opinion but the fact is the currency devaluations are for real. What has been "stupid" has been the manner in which the money/credit created out of thin air by the Fed has been gifted/misallocated to the worst stewards of capital ..namely the likes of Goldman Sachs and their bankster cronies thanks to a clueless and a bought off/collusionary political class. Like I've said honor among thieves has us all paying the piper...