In
fact, none of the 2 solutions is good.
The
USD is strong only because it s the World Reserve currency … A
strong USD means more deficit, and a strong social, geopolitical and
environmental pressure on the World against US. And all central banks in the world remain dependent on the dollar
A
weak USD means less debt, less purchasing power for the US savings,
and a difficult pattern to enter in a industrial competition
against the Emerging markets. A weak dollar means also a better
purchasing power for currencies from emerging countries, more savings
and more consumers for them ….
A
Huge monetary reform worldwide is the single way sustainable …..
USA could lead this policy.
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