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Yikes

…of official reserves again spooked the market. Plans for South Korea’s central bank to diversify its $200 billion in foreign-exchange holdings, mentioned in a briefing from the Bank of Korea…

Charles Krauthammer: What’s in Your Wallet?

…tax rates was that we would be pre-funding the Social Security Trust Fund to accumulate reserves for the retirement years of the baby boom generation. Even though I’m a Democrat…

The Deficit and The Dollar

…increased dollar reserves by $207bn (€159bn) in 2004, financing nearly a third of the US current account deficit, estimated at $650bn. Self-interest has supported much of this flow of cash….

Silly Statements on Social Security (In)Solvency

…a cordial and productive exchange over various issues including the solvency of the Trust Fund. Andrew captures the (lack of) policy debate very well with: The trouble in this debate…

Another $70 Billion

…of oil reserves that the Bush administration contends will offset many of the costs of reconstruction. “The United States is committed to helping Iraq recover from the conflict, but Iraq…