REPORT ABUSIVE REPLY
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Message Subject
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Currency Wars: Ben Bernanke Tells Third World to Devalue Their Currencies
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Poster Handle
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Anonymous Coward |
Post Content
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U.S. Federal Reserve Chairman Ben Bernanke said a little currency appreciation in the developing world is not a bad thing. Speaking at the International Monetary Fund meeting in Tokyo this weekend, Bernanke urged Third World nations to allow their currency to appreciate as a means of actually preventing inflation. "The perceived benefits of currency management inevitably come with costs, including reduced monetary independence and the consequent susceptibility to imported inflation," Bernanke said.more here: [ link to www.blacklistednews.com] Quoting: in5d In other words... WE WILL BOMB THE SHIT OUT OF YOU IF YOU TRY IT.
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