Stephen Russell wrote: > On Thu, Oct 27, 2011 at 10:25 PM, Pete Theisen <[email protected]> > wrote: >> Hi Everybody, >> >> http://www.minyanville.com/businessmarkets/articles/monetary-policy-global-economy-zero-interest/10/27/2011/id/37610?page=1 >> >> "The Federal Reserve's policy to devalue the dollar in order to >> stimulate employment was backed by solid economic theory, and in theory >> it worked -- except for the part that didn't work."
> Do you have any clue Pete? The economic success of selling a high > priced equipment <airplanes, etc.> to a depressed world is easier to > compete in the world when the currency is pushed lower. Has worked in > China for the last 20 years and they keep the low end in sight instead > of the high end. Hi Stephen, In this case, perhaps in most cases, clues are hardly necessary. I don't think airplanes are within the Chinese expertise. Remember the flap about the counterfeit airplane parts? -- Regards, Pete http://pete-theisen.com/ http://elect-pete-theisen.com/ _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
