A Foreign Perspective of the Fed

The author observes: "To the Chinese and others, it looks as if the Fed, by flooding the world’s monetary system with cheap dollars, is trying to devalue and inflate its way out of trouble. The Fed’s policies are both stoking inflation in China and debauching the value of that country’s vast portfolio of dollar assets"

Why the power of the mighty Federal Reserve is finally on the wane – Telegraph: www.telegraph.co.uk/finance/comment/jeremy-warner/….html

Advertisements
Explore posts in the same categories: Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: