經濟,財務,統計學,數理科學與政治評論

My Dear American fellows:

  It is time to face the music that USA can not go on like that anymore. You have to face a larger deficit cutting or just let the fiscal cliff help you. It may not be a bad thing to face the fiscal cliff as everyone knows how hard it can be, it will show that it is just not to be that way because everyone is preparing for it ALREADY.I do not believe someone will wait and see him/herself falling down into the valley without having a parachute. Because you can not make up your mind how to cut and what segment or part should be trimmed down, the health care or the military force or something else. All those choices just make you annoy even more. So just let the fiscal cliff solve it for you and do not hesitate to solve it because you have no idea which part should be fine tuned.So just Relax and give yourself a big holiday. Take your time and make decisions later. Take some rest and leave the part to God just for a while. Compromise is all you have to do. But we all know that it just can not be done in one or two days. So just let it be, face the financial cliff and see how hard it can be. Then adjust or accommodate it step by step as it just happens.

  The second issue you face is the worry of inflation. I have repeatly to say that it is a fake issue. As everyone knows US dollar is the international currency. It will find its way to the most productive business and the most valuable investment. So you have not to worry about the inflation BUT the DEFLATION. As the US dollars flow out even more when the FED to buy lots of MBSs or CMOs. It just shows how American people or other people who own a lot of US dollars do not want to use them in the States. We both know that INFLATION is ALWAYS and EVERYWHERE a MONETARY PHENONMENON. It is an old saying of Milton Friedman. It still does. So if the production activities can not be revived or regain its ground in the States, you just can not expect greenbacks back to the USA and it will just stay outside the nation to seek its rent. So the inflation can not be recognized or found in the States just shows that you still live in the danger of DEFLATION instead of inflation. It is a living proof we learn from Japan and it still does!! So if we can see the dramtic increase inflation happening in the States, it is not a bad news but a good one because it just shows the GREENBACK is BACK... And the production activities are increasing in the States as people bring a lot of US dollars back for business. So....

  Be patient and have a lovely holiday. It will just be fine!!Do your best and leave the rest to GOD...