Foreign governments will engage in competitive interest rate lowering. US stock prices will increase. Outflows of American capital seeking the higher returns available in other countries.

Foreign governments will engage in competitive interest rate lowering.

US stock prices will increase.

Outflows of American capital seeking the higher returns available in other countries.

Foreign governments will engage in competitive interest rate lowering. US stock prices will increase. Outflows of American capital seeking the higher returns available in other countries.