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Fed launched the second round of quantitative easing (QE2) monetary policy in the next 8 months purchase worth 600 billion U.S. dollars U.S. Treasury bonds Cheap Jordan Proto-Max 720 , which makes the already weak dollar fall further against major currencies worldwide.
The United States since become the target, Germany, Brazil, Russia, China and other countries on the QE2 made a scathing criticism. Germany played a leading role against the QE2, China and other emerging markets is very pleased to support, because the QE2 weighed on the dollar, resulting in massive hot money flows to emerging economies could lead to economic instability.
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Geithner said, "I respect Alan Greenspan, was honored to work with him was long, but he said, the Fed's policy or whether it is our policy, are not accurate."
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German Chancellor Angela Merkel said in an interview, QE2 "by the artificially low exchange rate to stimulate exports," the policy "short-sighted and will ultimately harm the interests of all."
German Finance Minister Sch盲uble, accusing the Fed policy "disastrous", German Economic Minister Bruderle is that the United States "indirect manipulation of the dollar."
Brazilian Finance Minister Mantega criticized the Fed move is difficult to increase employment, but it will contribute to global imbalances, he said the Fed will be G20 o. David Johnson Jersey Dallas Goedert Jersey Bradley Chubb Jersey Amari Cooper Womens Jersey Alex Smith Womens Jersey Adam Thielen Womens Jersey Aaron Rodgers Youth Jersey Von Miller Broncos Jersey Tom Brady Patriots Jersey Todd Gurley II Rams Jersey |
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