Adi Moshes

Will We Reach 4 RMB Per U.S. Dollar?

I tend to agree with the writer of this acticle, The only way that the US government could get rid of its debt is by encouraging inflation.
By creating inflation you practically decrease the real value of your debt.
Inflation causes almost immediately depritiation of the local currency, it can be achieved by lowering interest rates, printing money and expanding the federal fiscal policy. On the other hand, what does America has to offer to the world after they had shifted all their production to china Asia and other developing countries?.