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Friday, July 26, 2013

Monetary

News                                                                                                                             
CNN Money | Dollar coin advocates renew push to replace dollar bill
People who want to replace the flimsy dollar bill with a sturdier metal coin are pushing their cause again.
Market Watch | Japan registers inflation for June; yen slips
Japan's consumer prices managed to register mild inflation in June compared with a year earlier, data out Friday from the Finance Ministry showed. The core consumer price index, which excludes volatile fresh-food costs, rose 0.4% from June 2012, though it was unchanged compared to May's levels.

Blogs                                                                                                                             
Economist | The new monetary ideology
Quantitative easing, which almost no one had heard of five years ago, is the great new discovery in macroeconomic policy. Policymakers put their faith in it as the engine of recovery; variations in the quantity of money supplied by the central bank has graduated from an emergency measure to a permanent tool.