The IMF is talking about reducing their growth projections to around 3.3%. Wouldnt it be wonderful if USA was planning a real 3.3% growth. Rarely over past 6 years has America seen much above 2% growth except during a few 90 day periods. We continue to have the luxury to print US dollars as long as they remain the Worlds standard bearing currency. We would have already been gone, as a country, if we were not able to do that. The cost remains reduction of American dollar.
Posted on: Sun, 12 Oct 2014 01:33:10 +0000
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