Why Fed bond-buying plan is raising trade tensions

The Federal Reserve's diagram to buy more Treasury bonds has encouraged critics at home to complain of predictable high price rises and financial turmoil.

It turn out many foreigners are attractive angry, too. They say the Fed's $600 billion program is a scheme to give U.S. exporters an unfair edge - one that endangers the global financial system.

Is it? Or is the Fed's plan a believable way to help end a frantic jobs crisis and revitalize a still-tepid financial system?

In also case, few dispute that Fed Chairman Ben Bernanke is taking a gamble. Whether or not his plan succeeds in aiding the U.S. economy, it risks triggering a trade war and hopeful dangerous conjecture in financial markets.

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