Just as I have been telling some people. It is quite obvious to market persons: We are all going to help pay for the mistakes in America. No way currencies can strengthen by a degree to keep inflation low. These export oriented economies would be bust doing so.
| Asia's Tepid Inflation Fight |
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| While the Fed has taken flak for a new round of bond buying to get the U.S. economy moving and avoid deflation, in Asia the worry is that central banks aren't doing enough to fight the opposite problem: inflation. |
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