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Strategies & Market Trends : Currencies and the Global Capital Markets
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To: Henry Volquardsen who wrote (2015)8/5/1999 2:39:00 PM
From: Sam  Read Replies (1) of 3536
 
I haven't seen the article which this headline belongs to: "U.S. Should Raise Interest Rates Unless Demand Growth Slows-most Imf Directors"; however, I think that this received wisdom will be equivalent to raising tariffs in the 1930s. A Giant Mistake. What exactly do these people think will happen to the economies of much of the rest of the world if demand in the US falls, especially if it falls sharply? They will be in far worse shape than they are today.
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