Monday, November 24, 2014

Is the U.S. ordering Japan’s currency to collapse to protect the dollar?

It is very interesting to note that as the Federal Reserve began tapering down its latest program of Quantitative Easing (QE), the dollar strengthened to levels not seen in a few years with both Europe and Japan collapsing into a deflationary spiral.  But in the absolute need by the Fed to keep the dollar and stock markets propped up, is the U.S. using their vassal state of Japan as the sacrifice to fill the gap that formalized QE was performing?

In an essay written on Nov. 14 by former Assistant Secretary of the Treasury Dr. Paul Craig Roberts, the esteemed economist makes the case that Japan has and remains the proxy for U.S. financial dominance, and that the recent moves by Prime Minister Abe to fully monetize the Japanese budget could be part of an ordered plan to devalue the Yen to ensure that the dollar remains dominant in a world of increasing deflation and oncoming recession.


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