Inflation is a given in Keynesian economics. Come up with a better answer.ravi_ku wrote:inflationAryaputra wrote: What makes you think that China, Japan and India would not further devalue their currency in response? Have you heard about the term 'Currency wars'?
Search found 3 matches
- 11 Jun 2011 02:34
- Forum: Trash Can Archive
- Topic: Perspectives on the global economic meltdown- (Nov 28 2010)
- Replies: 4994
- Views: 702687
Re: Perspectives on the global economic meltdown- (Nov 28 20
- 11 Jun 2011 02:27
- Forum: Trash Can Archive
- Topic: Perspectives on the global economic meltdown- (Nov 28 2010)
- Replies: 4994
- Views: 702687
Re: Perspectives on the global economic meltdown- (Nov 28 20
The threat of US default may seem like a political stunt. But it happened before. US president, Nixon defaulted on the promise of exchanging 1 gram of gold for 35 USD in 1971. It was called as the Nixon Shock So it is possible that US might default again. Will it impact dollar's prospect? Fat Chanc...
- 05 May 2011 01:23
- Forum: Trash Can Archive
- Topic: News - Osama Bin Laden - killed In Pakistan
- Replies: 2848
- Views: 497395
Re: Breaking News - Osama Bin Laden - killed In Pakistan
It is quite clear that the US will keep using pakistan and take all it can get from them. US still thinks it has leverage on pakistan because of the recent events and this will tone down the criticism that pakistan's govt does on surgical strikes. A CIA operative used the exact term: Leverage. Obvio...