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The American Empire in a Changing World



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Wednesday, April 18, 2012

''The Coming Currency Wars''

i thought they already started???.......From Smart Money


"Like Pavlov's dog, which would salivate at the sound of a bell, U.S. stock market investors will these days launch into a buying frenzy at the faintest hint of more monetary stimulus.

But if Federal Reserve officials' assurances of continued support for the U.S. recovery have released feel-good endorphins among wishful thinkers on Wall Street, their subtle admissions that a third round of "quantitative easing," or QE3, isn't off the table may equally have sent emerging market central bankers into a cold sweat."

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