The US currency is moving (albeit very trudgingly) upwardly because the next interest rates move (up) is expected to be 50%(!!)..... Now....Now what will happen if A.G -realising the perilous state of the world economy (and of-course the US) instead of 50 points were to give only a 25% nudge? Naturally he has to decide, between the two alternatives... Low rates -reasonably low that is- and some economic growth OR.....Higher rates and no growth at all, i.e stagflation..... Do we (perhaps) have a situation whereby, A.G confronted with a situation of having to choose between ..."Scylla and Charybdis", will have to show his unparalleled ....Wisdom? After all, he is the Greatest....Is he not?
