News
FOX News | Five tough facts about inflation and Fed policy
It has printed trillions of dollars to save big banks from their financial crisis debauchery and to keep interest rates low to spur economic recovery, but those have not improved the lot of ordinary Americans.
Econ Comments & Analysis
Financial Post | The Fed is ‘playing with fire’
Les jeux sont faits: Those infamous words uttered by Ed Rooney to an unsuspecting and unimpressed young lady in the classic 1986 film Ferris Bueller’s Day Off caused the poor school principal to end up a bit wet in the face. The translation into English is: the game is up. I suspect the Fed at some point is going to end up with something else on its face … but more like egg than soda.
Washington Times | The inevitability of inflation
Benjamin Franklin is credited with saying, “Nothing can be said to be certain, except death and taxes.” There’s a third certainty in life, however: inflation.
WSJ | Stop Us Before We Kill Again
The big financial news over the weekend, other than betting on the World Cup, is that the world's premier central bankers club is now warning the world about each other. The Bank for International Settlements issued a report warning that global monetary policies are reaching their useful limit and may be contributing to financial excesses that could turn out badly if central bankers aren't careful.
CRS | Export-Import Bank: Overview and Reauthorization Issues
The Export-Import Bank of the United States (Ex-Im Bank or the Bank), an independent federal government agency, is the official export credit agency (ECA) of the United States. It operates under a renewable charter, the Export-Import Bank Act of 1945 (P.L. 79-173), as amended.
