naked capitalism Wed 2009-11-25 11:13 EST
If the Fed is looking to inflate away problems, what should Asia do?
Andy Xie thinks the Fed is on an inflationary path. Last month, he wrote an article in Caijing which says that `stagflation lite' is the Federal Reserve's preferred outcome. What's interesting is his recent article about the need for China and Japan to join forces under an ASEAN umbrella, rejecting the APEC umbrella shared with the U.S.
Asia; Fed; inflate away problems; looking; naked capitalism.