2009/10/6 It's Elaine! <elainesu...@gmail.com> > > > *Devaluating the USD could trigger a war with China and the rest of the > world. What will happen if your foreign reserve (which in USD) is devaluated > to 1/10? > > I'd say it's better for the Fed to stop the stimulus program and begin > raising int. rate to endorse saving and limit the circulation of money. What > will happen next would be major carry trade unwind and prolonged recession. > > Recession is not something to be afraid of, it's naturally part of the > economic cycle after a bubble economy. If they're forcing to avoid recession > by 'patching' with another bubble (either by cutting rates or 'creating' > money), they might end up destroying the whole economy itself. > > Bernanke should increase the int rate up to 10%. In the 1973, > hyperinflation also existed in the US, thanks to Arab oil embago. A treasury > guy named Paul Volcker made a huge step by increasing int. rate to 20%. > > Unless, there is a dirty plan coming.. > * >
Dirty Plan? can u be specific? hidden agenda? secret scenario? Pls share....
