The terrorist attacks on New York and Washington were not only tragedies for the United States, but acts which, sadly, tell us something about today's China. These attacks will influence the course of China's history. The responses, both official and unofficial, to such events also tell us much about China's government and society.
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History has shown that it is much easier to stay ahead of inflation than it is to play catch-up. By ignoring this basic truth, US policymakers are both missing a big opportunity and inviting economic disaster.
questions whether the US Federal Reserve could carry out a successful monetary stabilization if needed.