…winner will get a depreciating currency, the losers an appreciation. The net effect on each country’s economy, however, will depend on more than just the value of each country’s currency….

…its own currency? The prospect of a Scottish currency has drawn a fair amount of comment: see, for example, here and here and here. A study by Angus Armstrong and…

…of currency-like stuff around. If they want to spend more, there will be more currency-like stuff around; the Fed will ensure it. (At this point there’s a massive superfluity of…

by Joseph Joyce The U.S.: Inept Diplomacy, Indispensable Currency The announcements by several European governments that they would join the new Asian Infrastructure Investment Bank (AIIB) have been widely seen…

…period. External debt rose, particularly in the EMDEs excluding China, and much of these liabilities were denominated in foreign currency.     The World Bank’s economists report that about half…

…The financial channel reflects the impact of the exchange rate on the value of foreign currency liabilities, such as loans taken in a foreign currency. An appreciating dollar will raise…

Information Clearinghouse caught this item about ME banks and soveriegn funds (the same) de-pegging from the dollar to help curb their inflation woes. Alan Greenspan recommends doing so I believe….

…of Bowie’s oeuvre had provided a level of patronage that’s inconceivable for a musician of Bowie’s bent today…he spent the Nineties as a free agent, jumping from label to label,…

…high cost of American health care. I begin by explaining the origin and meaning of the “single payer” label. I will then describe the two defects in S 1129 in…

…protects the public from food-borne illnesses. It issues nutritional advice and drug labeling guidelines. It polices false medical claims on packaging and in advertisements. It safeguards about one in every…