News
Bloomberg | Fed Recovery Flawed as Companies Get Credit Consumers Don’t
The consumer loan market, particularly housing, remains a challenge for borrowers. Total U.S. consumer credit outstanding was $2.4 trillion in January, or 6.6 percent below its July 2008 level, the Fed said in a March 7 report.
Washington Times | Utah Legislature goes for gold, silver as currency options
Seen as hedge against dollar slide.
Bloomberg | Fed's Dudley Says Encouraged by U.S. Job Growth in February
Federal Reserve Bank of New York President William Dudley said February’s increase in U.S. jobs gives him more confidence that January’s figures were dampened by harsh weather and reiterated the labor market will pick up.
Blogs
NY Times: Economix | That’s One Way to Lift Your Economy
Looks like a town in Spain is resorting to the Zimbabwean strategy for growth — except instead of printing more money, they’re just taking an old currency out of retirement, according to the BBC:
