C crgarcia Jul 20, 2009 #12 Quote from KINGOFSHORTS: Inflate our way out of debt by massive quantitive easing? This will also counter the artifically low yuan and help exports as well. This will also discourage excessive importing. More... The Dollar has been severely devalued. However foreign countries currencies are even far more devalued. Their banking system is as bad as the US, but they can't borrow massively to fund bailouts like US.
Quote from KINGOFSHORTS: Inflate our way out of debt by massive quantitive easing? This will also counter the artifically low yuan and help exports as well. This will also discourage excessive importing. More... The Dollar has been severely devalued. However foreign countries currencies are even far more devalued. Their banking system is as bad as the US, but they can't borrow massively to fund bailouts like US.
