China Warns Developed Nations of Inflation, Currency Threats

08/06/2009 • Bloomberg

Obviously if BO was worried about protecting the dollar he would listen but then how else would he bring about his evil plans for his masters of a New World Order where the leaders and elites share the gains and people share the pains? China’s central bank warned that monetary easing by developed nations threatens to cause “severe” inflation and currency volatility. “Failure to manage the degree of easing may lead to concerns about mid- and long-term inflation and exchange-rate stability,” the People’s Bank of China said in a quarterly monetary policy report, posted on its Web site yesterday. China, the owner of $801.5 billion of Treasuries, pressed the U.S. at a summit in Washington last month for economic polices to protect the dollar’s value