Re: ECB ending Fed swap lines!

[Skip to the end] (email exchange) >    >   On Fri, Dec 19, 2008 at 9:25 AM, Scott wrote: >    >   ECB says to discontinue US dollar swap OPS from end Jan. >    >   I guess they don’t want euro to strengthen! >    Exactly! This is the new century version of ‘competitive devaluations.’ Paulson moved first by talking foreign CB’s out of buying USD reserves. Bernanke thought he was [...]