The Wall Street journal editorial committee members Mary oliver grady 29 published signed the article pointed out that the federal reserve chairman Ben bernanke "I did it my way" monetary policy is in control currency, the fed's low interest rate policy and wheel quantitativeCheap Nike Free Run 2
www.cheapesnikefreerun.com easing monetary policy will trigger a global asset bubble, this will impact to emerging economies, and endanger the United States own geopolitical objectives.
The article points out that, under the leadership of the bernanke fed down the dollar, it raised the environment,Cheap Nike Free Run
Cheap Nike Free a large number of liquidity in the United States to find enough profit opportunities, this will lead to liquidity spillover to Brazil and other emerging economies.
This paper stressed that the historical experience shows that a large number of liquidity cause asset bubble will boost new financial crisis, and makes the entity economic development under siege, the fed's monetary policy in addition to middle-income countries bring economic impact Cheap Nike Free 3.0 V4
Cheap Nike Free 3.0 V3 outside, also will affect the United States own geopolitical objectives.
Since since the financial crisis, the federal reserve Ben bernanke will take a variety of super loose monetary policy, the federal reserve in the December 2008 the federal funds rate drop to zero to 0.25% of the historic lows, recently announced the ultra-low interest rates interval at least continue until the middle of 2015, after through two wheel quantitative easing monetary policy, buy about 2.3 trillion dollars of American Treasury bonds and mortgage-backed Cheap Air Max 2011 Shoes
Cheap Air Max 2012 Shoes securities, currently running the third round of quantitative easing monetary policy, these measures at home and abroad in the United States cause more criticism