Russian Prime Minister Vladimir Putin slammed expansionary U.S. monetary policy, calling it “hooliganism”, in remarks that followed more veiled criticism from China after Standard & Poor’s Corp. cut the outlook on its U.S. debt rating this week.
“We see that everything is not so good for our friends in the States,” Putin told lawmakers Wednesday. “Look at their trade balance, their debt, and budget. They turn on the printing press and flood the entire dollar zone — in other words, the whole world — with government bonds. There is no way we will act this way anytime soon. We don’t have the luxury of such hooliganism,” he said.
http://blogs.wsj.com/economics/2011/04/20/putin-u-s-monetary-policy-is-hooliganism/