woensdag 7 oktober 2009

The treasury on fire

Problems for the US dollar, because, if interest rates stay around 3 percent, it seems that it will take 10 years to pay back the debt obligationsof the US. To even reach this goal, the US will have to stop spending money completely and the tax income has to keep level. The problem, the US is facing now, is an increase of the price levels, while the interest rates stays low. As a result, the investors start to loose money, ass the Dollar loses value against other currencies.


Glenn Saelens

1 opmerking:

Marilyn Michels zei

Problems for the US dollar very informal and not a real sentence , because, if interest rates stay around 3 percent, it seems that it will take 10 years to pay back the debt obligations of the US. To even reach this goal, the US will have to stop spending money completely and the tax income has to keep level. The problem, drop the comma the US is facing now, is an increase of the price levels, while the interest rates stays low. As a result, the investors start to loose lose money, ass as the Dollar loses is losing value against other currencies.

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