US Fed's move is the bigger problem

US Fed's move is the bigger problem

The public in the United States is following the wrong story with its cries of anguish over AIG bonuses, rather than being concerned with how AIG got into the mess in the first place. The far bigger story being ignored is the US Federal Reserve effectively telling foreigners, such as the Chinese, that the US does not need their money; it will print its own. - Julian Delasantellis (Mar 20,'09)

http://www.atimes.com/atimes/Global_Economy/KC21Dj03.html