By: Hossein Askari and Noureddine Krichene – Asia Times Online (Holdings), Ltd.
The world economy is suffering from high inflation, stemming from overly expansionary monetary policy in the United States, as indicated by negative real interest rates and the rapidly depreciating dollar. Low interest rates discourage savings, reduce bond yields and cause investors to seek higher yields in speculative commodities and foreign currency markets.
Please note: These stories are located outside of Prophecy Today’s website. Prophecy Today is not responsible for their content and does not necessarily agree with the views expressed therein. These articles are provided for your information.
This content is restricted to site members. Current users, please login.
New users may register for $50 annually at prophecybookstore.com. Inside you will find hundreds of news articles, complete audio series and exclusive videos.
* Lost Your Password?