http://www.bloomberg.com/apps/news?pid=20601087&sid=au9sZoXrKCrY The only viable option for the Fed would be a total tax restructuring to ie a 10%C-State....5% C-Fed only....and to announce drastic downsizing in Govt.... Raising rates is not a good solution....and would only make matters much worse....
no the viable option would be for the fed to keep printing more dollars, government increasing incomes by at least 10% for the next 4 years and creating an additional 300K government jobs per month till the end of the year
The doller's value has been falling for some time, and expertes disagree about its significance. On the one hand, some economists are expressing worry that a too precipitous fall in the dollar could push the U.S.âand the worldâback into recession.