News
Bloomberg | Currency Forecasters Say Best Over for Dollar
The most accurate foreign-exchange forecasters say the dollar’s best quarterly rally since 2008 has no chance of continuing to year-end as a slow economy spurs the Federal Reserve to flood the world with more U.S. currency.
Econ Comments
Forbes | China And The Truth About The Senate's Exchange Rate Oversight Act
Blaming China for our woes is politically attractive but dangerous. Since 1978, China has greatly liberalized its economy and is now the second largest trading nation in the world. U.S. consumers have benefited from lower prices and more choices than if China had followed the path of state monopoly.
Blogs
Daily Capitalist | Price Inflation Up Worldwide
If you have wondered what has happened to all the fiat money pumped into the various countries around the world, I have your answer:
Econlog | The Crack Theory of Inflation
So, the theory is that inflation is like crack. Take a little of it, and you'll soon become crazy and hooked, and then the withdrawal will be painful.
