steven787 on 16 December 2008
People keep talking about "printing" too much money... ("printing" = buying bonds) That is not the US's problem right now. The US$ is over valued, along with the Yen. "A strong dollar" is not the same thing as an "Overweight dollar". When every other major economy on the planet is "printing" money like crazy, the US has no choice but to join in because it would kill US productivity if our money continues to outpace the Euro and the Pound. (Sorry, I don't feel like giving an economics lesson, someone else can explain why overweight currencies make for lower productivity.)
I would cite regulation, but I know you will simply ignore it.
