Bernanke Takes Aim at China keeping currencyWEAK

[The Great Aztec Joe]

Bernanke Takes Aim at China keeping their currencies artificially weak,



Federal Reserve Chairman Ben Bernanke fired back amid criticism at home and abroad of the Fed's easy-money policies, arguing that China and others are causing global problems by preventing their currencies from strengthening as their economies boom.

Ben Bernanke will break his silence Friday to respond to his many critics over the Federal Reserve's monetary easing program. WSJ's Jon Hilsenrath reports.
.By keeping their currencies artificially weak, Mr. Bernanke argued in Frankfurt Friday, China and other emerging markets are allowing their economies to overheat, preventing trade imbalances from adjusting and worsening what he called a "two-speed" global recovery.
online.wsj.com/article/SB10001424052748703374304575623144102357582.html?mod=WSJ_hp_LEFTTopStories

[The Great Aztec Joe]

The first real bullets in the declared war with China have been fired. They do not feel like bullets and they do not look like bullets, but they are bullets nevertheless.

Stand by America and Stand by world. If you are curious, I will tell you what the out come will be.
Remember I am never wrong except for when I am.