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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy. Meanwhile, USA must correct debt and raise the interest rates. Raising the interest rates in the USA and dropping them in Europe, recovers the European domestic demand and EE.UU may return to invest in Europe, with a stronger dollar, without any problem, generating hundreds of thousands of Jobs

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Clases Particulares para hacer crecer tu Negocio. #Bigdata #DesarrolloCognitivo

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#Bigdata y #Desarrollo #Cognitivo para Personas entre 15 y 65 años

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Philly Fed's Plosser: Speed up the taper

WASHINGTON (MarketWatch)
Philadelphia Fed President Charles Plosser on Wednesday said the Federal Reserve should speed up the taper of its bond-purchase program, suggesting wrapping up the bond purchases before the jobless rate reaches the 6.5% level at which time the central bank said it would consider increasing interest rates
"Although the FOMC has indicated that it doesn't anticipate raising rates when the economy crosses that threshold, I do believe that we will have complicated our communications if we are still purchasing assets at that point," Plosser said in a speech in Rochester, N.Y.
"What is the argument for continuing to increase monetary policy accommodation when labor market conditions are improving rapidly, inflation has stabilized, and the outlook is for it to move back to goal?
 The longer we continue purchases in such an environment, the more likely we will fall behind the curve in reducing the extraordinary degree of monetary policy accommodation."
Plosser, a voting Federal Open Market Committee member, is considered one of the most hawkish members and hasn't been a fan of the purchases in the first place                   
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