The Fed continues to pump American Money into the world economy thru ill advised “Monetary Easing”. America has become the banker to the world according to the insanely stupid policies and actions of the Obama adminstration. The Fed says the currency war they caused “has the effect of helping support the global economy as well”. But the Bank of Japan said that’s what “gave rise to the great credit bubble of the 2000’s”. (Here).
More imcompetence by the financial nincompoops in the Obama adminstration. Obama made political appointments when he should have appointed peole with financial abilities. The Fed has printed trillions causing American Dollars to lose trillions in value. That’s another reason why Romney needs to replace Obama.