vaduz

The U.S. Dollar: A New Accord

it sounds at first sight somehow compelling. but life and economics especially is not so easy. higher rates in the us would be the end for the fragile us economy - not only suvs wouldnt be bought anymore but all cars and and and...........
economics also shows that more of a good leads to lower prices. how will the fed bring it about that rates will increase?? and all the economies which suffer from inflation will not want to lower rates but to increase them. we are witnessing second round effects - just look at lufthansa. and dont forget the price increases of companies like dow chemical and the like.