News
Bloomberg | Fed Gives Markets Clues on Exit From Unprecedented Easing
In the week after the Federal Open Market Committee’s Jan. 25-26 meeting, policy makers issued three announcements about expanding the number of counterparties for transactions that will help drain the record amount of cash added to the financial system.
Bloomberg | Euro Weakens as Spain's Credit Downgrade Revives Debt Concerns in Region
The euro fell to the lowest level in a week against the dollar after Moody’s Investors Service lowered Spain’s credit rating, increasing pressure on European leaders to find a solution to the region’s debt crisis.
Econ Comments
Minyanville | Worldwide Inflationary Economic Collapse Under Way
Inflation is already raging and it is destroying the world economy.
CNN Money | Higher oil, higher inflation? The Fed can't decide.
Higher oil prices are igniting a fierce debate inside the Fed: Will continuing QE2 lead to higher inflation, or will it prevent it?
Ludwig Von Mises Institute | Bust Looms As China Booms
Shortly before the American housing bubble burst, pundits across the globe argued that the world had reached a new plateau of economic growth, where the old rules of economics no longer applied — "this time it's different." The same has been said about the current boom in China, specifically with regards to its large degree of top-down state control over the economy, which somehow enables it to ignore the laws of economics.
Blogs
Mises Economic Blog | Deflation Disaster in Memory Prices
This is not a disaster but a blessing courtesy of the free market.
