The View From 1776

Exporting Inflation to China

Our failure to maintain a sound currency guarantees a trade imbalance with China and threatens a repetition of the stagflation of the 1970s.

Posted by .(JavaScript must be enabled to view this email address) on 05/28 at 12:13 AM
  1. You can't fix this problem until we hit bottom. The reforms needed for the correction are unpopular with voters.

    The Gov. Accounting Office has been telling Congress for 10 years about some of the problems and for 3 years.
    quote:
    unable to express an opinion on them for the 10th year in a row because the federal government could not demonstrate the reliability of significant portions of the financial statements,
    snip----------------
    the 3rd consecutive year noting that the nation
    Posted by JanPBurr  on  05/28  at  01:49 AM
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