Re:The Specter of Protectionism: World Faces New Wave of Cur...
by sethg on Wednesday October 06, 2010 @10:38AM
(#1764072)
From the article: The US Federal Reserve still continues to print dollars to finance skyrocketing government debt. The fact that this erodes the value of the US currency is something that the Americans seem not to care about.
What erosion? US inflation has been below 3% for all this year, and in 2009 we actually had deflation. (http://www.inflationdata.com/inflation/inflation_rate/curren...)