News
Bloomberg | Central Banks Ease Most Since 2009
Central banks across five continents are undertaking the broadest reduction in borrowing costs since 2009 to avert a global economic slump stemming from Europe’s sovereign-debt turmoil.
Bloomberg | Banks Step Up Warnings on Euro Breakup
Banks and ratings companies are sounding their loudest warnings yet that the euro area risks unraveling unless its guardians intensify efforts to beat the two-year-old sovereign debt crisis.
Politico | Report: Fed bailout neared $8T
The Federal Reserve committed nearly $8 trillion to save the nation’s financial system, according to a report by Bloomberg Markets Magazine that reveals previously unknown details of the staggering bailout.
Econ Comments
WSJ | How the Dollar Rules by Fiat
How did the dollar become the world's principal currency and what is its future?
Blogs
AEI: American | Will inflation cure Washington’s debt problems?
There’s been a recent bout of enthusiasm for higher inflation as a quick cure for too much debt. Cutting government spending is hard, after all.
