I thought you would be interested in the following story on WSJ.com.
What fed is trying to do is to increase inflation rate in EM and Cause social unstability. Which finally good for the us's interest. Otherwise em should increase the currency value. Either way, not easy to implement
Bernanke Denies Fed Is Stoking Inflation
http://online.wsj.com/article/SB10001424052748703652104576122182859979912.html
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