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Raising the interest rates would take air out of the stock bubble.
Emerging Market Countries have to buy dollars to buy commodities. The strong dollar means that it costs more of that country’s currency to by dollars (Bretton Woods System) to buy commodities. This is how we export our inflation.
Stock Selling companies act as Ponzi schemes. The game today is to create companies in order to get into the stock pump and dump game. Like politicians entering into politics to enrich themselves through influence peddling and take their place in the corporate-government revolving door.