Gość: poinformowany
IP: *.cpe.net.cable.rogers.com
29.03.06, 23:14
We must perceive the US Federal Reserve as the modern day equivalent of the
Soviet Union Politburo. Tactics complete with dominant bullying, threatened
closure of our markets to foreign exporters, coercion for consistent
inflationary accommodation abroad, such are typical within our central bank.
It is given far more respect than it deserves. It has presided over the
colossal decay of the USDollar value, and the unprecedented erosion of jobs
through outsource. Their business experience is easily challenged. Their
economics credentials are built upon faulty training in the field, since the
slippery ground of debt serves as the accepted capstone of both our economy
and currency. USFed governors are devoted to inflation as the engine for
growth. The USFed Chairman is an avowed advocate of printing money at
virtually no cost, of managing the Treasury yield curve, and even dumping
money on household lawns.