Hirsutism Spearmint 2011

Time tightening in the U.S. approach, says Volcker

The U.S. central bank (Federal Reserve) may soon be forced to initiate the process of monetary tightening - ie being forced to raise the basic interest rates in the country - in the face of rising inflationary pressures, said today the former president of the institution, Paul Volcker. "I would say that this moment is approaching," Volcker said at a conference in Madrid. "With the huge budget deficit and we have zero interest, we can not have this situation forever without inflationary problems," he said. A possible increase in interest rates in the U.S. would bring an immediate impact for the international economy. Considered the safest assets in the world, the U.S. Treasury securities would have improved their profitability from the decision. Thus, a considerable part of international liquidity, now allocated in stocks and commodities, could be diverted to these roles. Such assets could lose, so a portion of the force that has shown in recent months. In Brazil, there would possibly reduce the inflow or out of U.S. currency, which would result in less sharp real appreciation or even depreciation. [...]

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Creationism Note: Interestingly, Gerald Celente talked about it in 2008: "In 2012, Americans will ask on their birthdays Christmas and guests to bring food. "But we need not be" forecaster "to realize that a crisis (announced) approaches. For now, this is only the test of what lies ahead: "When the Protestant churches unite with the secular power to sustain a false religion that is opposed by their ancestors, thus suffering the most terrible persecution, then the rest day will be made mandatory by the papal authority in league of Church and State. There will be a national apostasy which will end only in national ruin "(Ellen White, Evangelism, p. 234, 235). [MB]