Refuting “Economic Suicide”

Tuesday, September 1, 2009

Refuting “Economic Suicide” Inflation is always and everywhere a monetary phenomenon. These are the words of Milton Friedman in A Monetary History of the United States. The meaning of those words is that no matter what, inflation is a function of the amount of money available. Inflation occurs when more [...]

Dollar’s Days of Dominance Are Over

Dollar’s Days of Dominance Are Over

Seeking Alpha

by Jeff Neilson

Geithner tells China its dollar assets are safe

FTA: “Chinese assets are very safe,” Geithner said in response to a question after a speech at Peking University, where he studied Chinese as a student in the 1980s.

His answer drew loud laughter from his student audience”

This big lie from the idiot heading the US Treasury? Funny he ignored that the [...]

FED FOCUS-Rise in US Treasury yields may trigger more Fed buying

Forbes.com — By Alister Bull

WASHINGTON, May 28 (Reuters) – Rising U.S. government bond yields could force the Federal Reserve to expand a massive program to buy Treasury and mortgage-related debt, and if it does, it may need to be much more aggressive to be effective.

The Fed’s second-in-command Donald Kohn gave a clear signal [...]