EUA, oficial: derrubará dólar em 33%. Mas Brasil tem 350 bi em reservas, E NINGUÉM DIZ NADA !
The Federal Reserve Open Market Committee (FOMC) has made it official: After its latest two day meeting, it announced its goal to devalue the dollar by 33% over the next 20 years. The debauch of the dollar will be even greater if the Fed exceeds its goal of a 2 percent per year increase in the price level. But, an increase of 2% a year over a period of 20 years will lead to a 50% increase in the price level.
Why target an annual 2 percent decline in the dollar’s value instead of price stability? Here is the Fed’s answer: “The Federal Open Market Committee (FOMC) judges that inflation at the rate of 2 percent (as measured by the annual change in the price index for personal consumption expenditures, or PCE) is most consistent over the longer run with the Federal Reserve’s mandate for price stability and maximum employment. Over time, a higher inflation rate would reduce the public’s ability to make accurate longer-term economic and financial decisions. On the other hand, a lower inflation rate would be associated with an elevated probability of falling into deflation, which means prices and perhaps wages, on average, are falling — a phenomenon associated with very weak economic conditions. Having at least a small level of inflation makes it less likely that the economy will experience harmful deflation if economic conditions weaken. The FOMC implements monetary policy to help maintain an inflation rate of 2 percent over the medium term.” In other words, a gradual destruction of the dollar’s value is the best the FOMC can do. Here’s why: First, the Fed believes that manipulation of interest rates and the value of the dollar can reduce unemployment rates.
