It's A Small World After All The Shouting
As the G7 central bankers frantically pump red ink into global monetary systems, they complain about the sudden appearance of 'inflation'. This is like a drunk complaining that the world it tilting. And how will the G7 bankers cure this condition? By getting drunker, of course! They figure, if the status quo of unbalanced trade with the US and easy lending to the same will resume and there will be no inflation in the world if they raise their own rates a tad. But not raise the cost of lending to the US which is going bankrupt. So we have the comical situation of the dollar growing stronger even as the US economy weakens. One thing has improved for us: exports. The world hates this and wish to end it. And the US must remember, we are all trade RIVALS, not buddies. International trade is a dog-eat-dog world, not Disenyland's 'It's a Small World After All' sing fest.
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