Sunday May 31, 2020

Dell’s China move is a warning for the Federal Reserve

The risky stimulus actions of the Federal Reserve often help Asian countries more than the US, writes William Pesek

27th November, 2010

Suspicions that moves made by the Federal Reserve won’t save the United States are often based on events in Tokyo. Round Rock in Texas, however, may be a better place to look.

That’s where the computer empire Michael Dell created in 1984 is based. As Ben Bernanke, chairman of the United States Federal Reserve, puts a new burst of stimulus into the economy, he hopes to spur businesses to hire and spend and...

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