• Investing Insights & Exclusive Offers → Get Our FREE “Market Brief”
    Sign-up for our free weekly newsletter. Get unparalleled investing insights and exclusive Summer Sale discounts on Hedgeye research.

    Disclaimer: By joining our email marketing list you agree to receive marketing emails from Hedgeye. You may unsubscribe at any time by clicking the unsubscribe link in one of the emails. Use of Hedgeye and any other products available through hedgeye.com are subject to our Terms Of Service and Privacy Policy

I am sitting here watching an entertaining session of Congress questioning our two compromised representatives of the US Dollar - Paulson and Bernanke.

While Ron Paul has been accused of having lost his marbles as I often have in the last 9 months, he asked THE QUESTION. "Who is in charge of the US Dollar"?

Of course Paulson's answer was fully loaded with both the stutter and lack of content as I am painfully getting used to hearing.

Paul's statement (within his question) included the lack of a US Savings Rate, negative real interest rates, re-regulation, and Federal Reserve inspired inflation.

Sometimes the guys who sound like they have a few screws loose, are the only guys with a screwdriver.

We fix this mess by raising interest rates.
KM