10.

The FEDs policy is really implemented through extending or tightening credit

conditions. Is this true? Is it true that the process of money creation is not

sustainable because it encourages an ever larger volume of private debt bigger

debt bubble. True or false. What do you think?

11.

What are the FEDs success factors (Hint: independence and , ..)?

12.

Is the dollar overvalued ? what does the Big Mac index say? What do you think?

Provide some numerical evidence (Graph of Dollar Exchange rate trend?)