The flaw in the plan was investing the money in emerging markets. That is not helping the USA, but rather sounds like another redistribution of wealth to other countries scheme. Emerging markets are always risky.
Why does this sound so much like something I would expect from a clandestine scheme from the Obama administration, even though the Fed is supposed to be independent? Perhaps the same people are pulling the strings for both.
I read the Venezuela has a 50% inflation rate. Yowzers!
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote." -- Benjamin Franklin