But NOT because of a strong economy...the US "real" economy is tepid at best...think Walmart, not Goldman Sachs here...
Rather the FED is concerned about the WEAK DOLLAR...the Dollar is structurally and "macroeconomically" weak because of excessive liquidity from the FED to support the various asset bubbles on which the US economy relies so heavily now...and also because of the trade deficit...
Particularly the trade deficit with China which is virtually OUT OF CONTROL...and no one has any ideas on what to do about it...
Again more "Let's Invade Iraq" style thinking in high, but stupid and greedy, places!
Hence the current high level Washington visitations to China to ask our new Money Masters what can be done...!
And of course they will say NOTHING! The Chinese know very will how to "play" the American Capitalist Greedmongers!
