I love this quote

by todd carpenter on 04. Feb, 2008 in Mortgage Rates

“The strength of the dollar comes from our moral initiative and ability to further waving that moral initiative (with 5-inch guns on a warship).”

I’ll defer to others as whether or not Brian’s right about where rates will go, but it sure is one heck of an argument.

No Responses to “I love this quote”

  1. Robert D. Ashby 04. Feb, 2008 at 6:46 am #

    I like that quote also and I agree in his analysis of the dollar. I don’t believe the dollar has hit bottom yet though. As for mortgage rates, see the new update, but he is right in that the chances are greater for rates to remain the same or begin rising, which is what I have been saying for a while also.

Leave a Reply