Forum

Posts by "abrahamlincoln"

1 Posts by Anonymous "abrahamlincoln":
AbrahamLincoln
, United States
Posted Anonymously
14 years ago
Feb 25, 2010 16:57
Hi Mr Alaidi

I"m originally from Brazil but living in the USA. I remember growing up, and seeing my country immersed in a inflationary process that lasted for decades, some people used to say that our inflation was a "cultural" not a economic thing such deep roots it had in our day by day. As I said it took us almost one whole generation and a government from the "left" to fix the problem.

My question since you are an expert in central banks behavior is:


Do you believe that the FED or the government (via FED off course) will resist to (on the near future) play the inflation card in order to keep spending ?

I feel weird because the way things are developing its like a Dj vu for me. The way the congress is acting the government getting bigger and bigger and everything else.... looks so much as Brazil in the 80/90s.

I understand that you are pro deflation but I'm not getting if you are talking about short or long term.

The American inflation corroded Brasil's external debt in such a way that people not even mention it anymore. And to think that I grew up with this thing called "external debt monster"!!

I'm just wonderind if America would use the same strategy to corrode their own debt.

Mercy bien !!

Salut !!