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Wednesday, August 3, 2011

Monetary

Econ Comments                                                                                                             
RCM | We Need a Gold Standard Now
Monetary policy in Washington - and it is done in Washington - is completely cock-eyed and broken. We are in the third year of a zero interest rate regime. Now that sounds good -- it was something that was supposed to get us out of that horrible economic crisis we were in. What could be better than very cheap money; essentially being able to borrow money for nothing?
Forbes | The Downside Of Monetary Easing
One of the overlooked consequences of the Federal Reserve's recent monetary stimulus initiatives has been the adverse impact those policies have had on interest income. The abnormally low interest rates created by the Fed have made life particularly difficult for retirees and others who depend on income from interest-sensitive investments.

Blogs                                                                                                                             
Daily Capitalist | World Inflation Is Up; GDP Down
The OECD, the consortium of 34 nations, are experiencing price inflation in the face of economic downturn.