3 Things America Needs to Do to Get the Economy Back on Track [View article]
One easy solution:
Print more money. This will have the effect of undervaluing the dollar and propping up Oil /Commodity prices. This will hurt us but it will keep the jobs here in the US.
Chinese have kept their currency undervalued and are benefitting because a) since the US is not printing money -- this is causing recssion in US (harming US business) but keeping the oil/commodity prices down b) this help the Chinese because of lower commodity prices and they can inflate their currency (get more business from the US)
3 Things America Needs to Do to Get the Economy Back on Track [View article]
Print more money. This will have the effect of undervaluing the dollar and propping up Oil /Commodity prices.
This will hurt us but it will keep the jobs here in the US.
Chinese have kept their currency undervalued and are benefitting because
a) since the US is not printing money -- this is causing recssion in US (harming US business) but keeping the oil/commodity prices down
b) this help the Chinese because of lower commodity prices and they can inflate their currency (get more business from the US)