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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (508733)8/28/2009 5:23:46 PM
From: SilentZ  Read Replies (1) of 1577893
 
>Whether it needs to be or not is irrelevant. It's going to be "reduced" one way or another, either via higher interest rates or inflation or a combination of the two.

Why is that irrelevant?

>Weren't you concerned a while back when China decided not to peg the yuan to the dollar anymore? What changed since then? Obama?

Yes, actually. As long as we keep solid diplomatic relations with the countries holding our debt, which is something Obama seems to be good at, we should be OK.

-Z
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