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2010-11-04 — market-ticker.org
Denninger on Bernanke's justification for "QE2": ``That's the dollar, and it has dropped by about 15% as a direct result of your threats and, today, your actions. The price ramps that this is causing are already being complained about by companies in their input costs, including Kimberly-Clark which said last week that they are experiencing the worst cost-push pressures on their inputs in the company's history. There is no "stock market rise" when one looks at it in terms of the dollar. The dollar is sinking - that's why the the apparent price of stocks are going up.''
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