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Wednesday, May 30, 2012

Monetary

Econ Comments & Analysis                                                                                            
Fortune | It's time for Europe to choose inflation over austerity
If the EU's leading nations aren't willing to forgive the debt of their troubled bretheren, then maybe they need to start printing more euros.
Heritage Foundation | China Drowning in Money: What It Means for the U.S.
Global financial markets are keenly interested in China’s short-term economic direction and policy choices. American policy should look farther. If China chooses to try to stimulate its economy in the second half of the year, even if successful, it will only exacerbate a more pressing long-term challenge.