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Dear American people:

  It is a new world you have to face lately. I encourage you stop using old means to resolve new issues. You have to think broader than your grandparents do. American people have to embrace those ones with different culture which have no democracy but with booming economy. You know what I mean is not just China, those countries in the Africa are included.

  American people should embrace those countries you once think as your national enemy and trade with them to improve both living standards. Yes, BOTH living standards. American people now embrace Cuba, Iran and those countries in Africa. It is a right path. American people can know them better through trading with them. American people can learn how to respect others' difference and understand daily life of those people. It is a new age. American people can find different ways of living from trade. All those opportunities come out with a lot of unthinkable jobs for the US. Ameican people should be encouraged to invent all those things all over again.

  I encourage American people abandon the ultimate way of strong US dollar because the US has piled up debt more than 10 trillion US dollar. I urge all American people stop thinking in old ways which may bring the US to the world's center again. It is possible but with a lot of cost. American people should use every means to stop the lately appreciation of US dollar. It hurts the world economy and the US. I also encourage American people to think BIG that trade with other nations is the only way to improve American people's lives. Accompaning with not-that-strong US dollar and new trade relations with new friends may be a way to rebalance the world, especially in a world which is built by the conflict of US and China lately. China is famouos in the dark continent, Africa. It is nobody can deny that American people want to make new friends in Africa. It is a right thing to do. American people can use the same trade concept to Afircan countries as used to be with China in two decades. American people can use cheaper labor of African to satisfy its need. It may not be a dream, but it does have a long way to go.

  I encourage American people trade with Iran and other nations in the middle east. It will be a gold mine if the trading volume increases. I also encourage American people to think broader these days and not use the old ways to deal with the currency issue of US dollar. Bring US dollar home is not a good idea to American people this time because American people can not grow itself anymore without larger trading volumes with others. It is a truth that no one can deny. American poeple have to change their mind sets this time and forever. It is a new age that American people have to think hard how to invent all those things with new friends all over again as used to be with old friends.

  It is a new age which American people should abandon the beggar-your-neighbor policy. A string US dollar is the one. The Fed should reconsider if it is necessary to give up raising rate in this year. The Fed should reconsider if it is not a proper time to raise rate when the world need more trading volumes which can improve American people's lives. A stronger US dollar hurts American corporations also. To bear a little wage inflation is not a harm thing to the US this time because the wealth discrepacy is even larger in the USA. American people need to create value and improve the discrepancy between wealthy and poor Americans. It is a lose-lose situation if the US dollar goes even higher. American people should use every way to stop this kind of thing and refocus on how to increase the trading volume between the US and the whole world. It brings wealth to ordinary American people which do not enjoy the benefit of all those QEs in the US but suffer from the lately appreciation of US dollar.

  May God bless the US.

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    創作者 Vegetable 的頭像
    Vegetable

    經濟,財務,統計學,數理科學與政治評論

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