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Thursday, December 15, 2011

Monetary

News                                                                                                                             
WSJ | U.S. Shoppers Foot Bill for Soaring Pay in China
One of the things that's showing up in Christmas stockings this year: higher prices, courtesy of China.
WSJ | U.S. Treasury Buyers Flip the Script
Economic Data That Would Hint at Inflation—and Spook Debt Buyers—Can't Stop the Bond Run.

Econ Comments                                                                                                             
Washington Times | EDITORIAL: No move is good move
Federal Reserve’s inaction is what the economy needs.

Blogs                                                                                                                             
Daily Capitalist | The State Of The European Monetary Union
Even if all countries did not even meet the nominal convergence requirements laid down in the Maastricht Treaty EMU was surprisingly stable during the first 10 years of existence. The reason for this was easy credit.