Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
With the $ rising to record levels - in recent years - why would the FED add to this revaluation - which should reduce import prices and hence inflation - by tightening monetary policy?  If they are worried about the prospect of inflation and want to deflate a little, this re-valuation should do the job for them.

Index of Frank's Diaries
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Wed Jan 28th, 2015 at 05:22:02 AM EST
[ Parent ]

Others have rated this comment as follows:


Occasional Series