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Thursday, June 28, 2012

Monetary

News                                                                                                                             
Market Watch | U.S. economy likely needs more help: Fed’s Evans
The Federal Reserve likely will have to take further steps to boost the economy, the central bank’s leading advocate for so-called quantitative easing said Wednesday.
CNBC | Does the Global Economy Need More Money Printing?
The global economy can only return to growth once looser monetary policy is employed by both Europe and the United States, including more quantitative easing, said Bob Parker, senior advisor at Credit Suisse.

Econ Comments & Analysis                                                                                            
WSJ | A Weaker Euro Could Rescue Europe
The only way to prevent the dissolution of the euro zone might be a sharp decline in the value of the euro relative to the dollar and to other currencies.
Fortune | Bernanke fiddles while Obama burns
With weak job growth, falling retail sales, and the threat of chaos in Europe, Ben Bernanke should be doing more. But it's hard not to feel sorry for him.
CNBC | Will All the Money Printing Lead to Hyperinflation?
Fiat money is a wonderful thing is it not? Truly one of the more useful developments in society since humans first learned to think / speak, that one can put in a day’s work and be rewarded with a piece of paper, which can itself be exchanged for something as marvelous as a punnet of strawberries or a Fender Jazz Bass.