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MOSCOW, July 11 (Reuters) - The United States is acting like a hooligan by flooding the world with dollars, Russian Prime Minister Vladimir Putin said on Monday, underscoring emerging market concerns about the resulting speculative capital flows.
Addressing economists at Russia's Academy of Sciences, Putin lampooned the Federal Reserve's $600 billion bond-buying spree for flooding the world with cheap dollars. The Fed's second round of so-called "quantitative easing" has been dubbed "QE2".
"Thank God ... we do not print the reserve currency. But what are they stirring up? They are simply acting like hooligans," Putin told the audience which included his veteran finance minister, Alexei Kudrin.
"They turn on the printing presses and fling them (dollars) over the entire world to resolve their immediate tasks. They say monopolies are bad but only if they are foreign -- their own are good. So they use their monopoly on printing money to the full."