Buttonwood up your mouth
…noticed that these days deflation is even more feared than inflation and thus decided that printing currency and buying stuff must be deflationary. Bagehot is turning over in his grave….
…noticed that these days deflation is even more feared than inflation and thus decided that printing currency and buying stuff must be deflationary. Bagehot is turning over in his grave….
…own economic history. The U.S. trade deficit with China displaced 2.4 million U.S. jobs between 2001 and 2008 alone. Treasury Secretary Geithner should identify China as a currency manipulator, and…
…Freedom/free market. Liberty/more choices. Fiduciary responsibility/make money. Justice/market clearing price. Free speech/advertizing. One vote/one unit of currency. Rights/market power. Social conscience/consumer reseach. Want another example of where we have failed…
…Europe. The Eurozone, in particular, is paying close attention to non-Eurozone (16 countries adopted the euro as their currency) growth alternatives. I leave you with an excerpt from a nice…
…backing by the US Fed, which has reopened its closed-down currency swap lines, it must engage in serious budget deficit reduction. Quite likely that will involve both spending cuts and…
…Commentary, Financial Times The eurozone experiment was, in effect, an attempt to speed up the graduation process through the carrot of the single currency and the stick of harsher bail-out…
…of their being an ultimate market maker, which would always be able to deal in these securitized instruments. By the same token, the creation of a common currency via monetary…
China’s March trade deficit Patrick Chovanec on Seekingalpha asks the basic question on the direction Chinese policy makers will take regarding the currency question, but the underlying question remains unanswered……
…SEC, the Fed, the Treasury or the comptroller of the currency. The key point is that the FDIC has a trust fund and wants to keep it. This is the…
…the economy can stand on its own two feet, i.e., grow. As long as the currency floats and is fully non-convertible, the government’s debt burden will not become a solvency…