I'm going to have to watch
it again.
I'm wondering what the
reasons would be for China, et al to risk US inflation degrading the value of
their US debt. The worse things get here, the more pressure will
be
to inflate. Perhaps it's just what they have
to accept as the price for their growth?
James
----- Original Message -----
Sent: Saturday, May 19, 2012 9:33
AM
Subject: On Three Sectors' Financial
Balances