competition for Bernanke?

People often look to the words of the Fed for wisdom on financial matters, perhaps they should look to the catwalk instead. Gisele Bundchen has specified all her contracts will be in euros from now on. Apparently Gisele and her sister, who is also her manager, understand currency risk. I can understand her concern. If I were earning $30m a year I wouldn't want to kiss $5m goodbye just because the Fed got desperate to shore up the house of cards the week before I got paid.

Let's be franc, sometimes you're feeling pounded by the exchange rates and you get a yen for a bit of euro cash, you're not won over by the dollar.