In the last Issue of TrendCalls Team wrote about Dollar deterioration, This week we discuss the issues of austerity(saving) by European nations versus spending By US(America). The impact of austerity is a very slow process but have visible impacts on the currency which is the strength of the Euro & US spending mission has sent Dollar to crumbling state. The objectives of the policy makers are different on each side, One in the true sense are afraid of the inflation so taken the route of austerity & the other wants to create inflation to help their lagging exports. The TrendCalls Team is of the view that inflation does not help the main consuming part of the nation, it only helps the rich to grow more richer & the gap between the two only grows wider. The artificial creation of demand in the past had created many boom & bust cycles & this cycle would be no different.
Views Given By TrendCalls Team
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