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SPR the New Global QE?
The IEA decision to release 60 mln barrels of oil reflects the G20's frustrations with the inflationary implications of the inevitable weakening in the US currency.
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cat0nip
Frankfurt, Germany
Posts:
1632
13 years ago
Jun 27, 2011 19:25
but they cannot....all what China did so far was to even increase its dependency on exports.
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Gunjack
London, UK
Posts:
1184
13 years ago
Jun 27, 2011 17:22
@Saka your great nation is suffering inflation because your monetary authorities persist in pegging the yuan against a crumbling USD...They need to boost domestic demand and allow the yuan to appreciate a bit more
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Saka
China
Posted Anonymously
13 years ago
Jun 27, 2011 4:31
QE is terribly bad for emergency market nations, we are suffering great inflation
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macrosam
United States
Posts:
190
13 years ago
Jun 26, 2011 22:22
Ashraf does not understand what QE is. Ashraf, if the price per barrell of crude decreases in USD terms, that means USD are more difficult to obtain for the non-US private sector.
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macrosam
United States
Posts:
190
13 years ago
Jun 26, 2011 22:20
This is a political ploy announced shortly after the Saudis announced supply increases to shift some of the credit to Obama.
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cat0nip
Frankfurt, Germany
Posts:
1632
13 years ago
Jun 24, 2011 19:32
the US currency is not weakening .
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Zibari
Duhok, Iraq
Posts:
1
13 years ago
Jun 24, 2011 18:48
it is mean this action instead of the Q3
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