Econ Comments & Analysis
Forbes | Is James Rickards Right About A Coming Monetary Apocalypse?
James Rickards, bestselling author of Currency Wars, has a new New York Times bestseller out, about the possible imminent collapse of the dollar: The Death of Money: The Coming Collapse of the International Monetary System (Portfolio/Penguin). More interestingly, he writes about what could come next: a golden age.
Bloomberg | Yellen’s Dots Dash Effort for Greater Fed Clarity on Rate Rises
Janet Yellen’s effort to provide clarity on the outlook for the Federal Reserve’s main interest rate by publishing policy makers’ forecasts is instead creating confusion.
Blogs
WSJ | ECB Finds Inflation Expectations Better Anchored than in U.S.
European Central Bank officials have repeatedly expressed confidence that inflation expectations remain firmly anchored even though annual euro-zone inflation, at 0.5%, is far below the bank’s target of just under 2%.
Weekly Standard | Is the Federal Reserve Killing Growth?
Everybody seems to agree that the U.S. Federal Reserve's quantitative-easing program, which involves buying bonds to lower interest rates, plays a role in spurring economic growth. Folks differ on whether the contribution to growth outweighs the risk of inflation.
