....Oxford Economics argues that a cap on the dollar is not only a boon for US consumers, who will see imported inflation peak at a lower level, but will also help economies such as Brazil, Turkey and Indonesia, which must borrow in dollars at rates set by the Fed. Much of the pain created by Reagan’s policies was exported to countries that relied on selling commodities
to the west. ...
[Read full article on Guardian
Sunday 19th of March 2017 06:59:01 AM