Archive for February, 2011

“Same Old Song and Dance” – FEE

“Same Old Song and Dance” – FEE
“Friedman, as with the other papers that day, found inflation to be a massive problem. In fact, next to the threat of a third world war, inflation is what he finds to be the most serious threat to the preservation of a free society. Friedman believed the source of inflationary pressure mainly stemmed...
February 28th, 2011 | Blogs, History of Money, State of Money | Read More

“Currency Wars Lose to Inflation Making Emerging Markets Winners” – BW

“Currency Wars Lose to Inflation Making Emerging Markets Winners” – BW
“As recently as last month, governments of emerging economies from South Africa to Brazil warned that competitive devaluations might be needed to keep their strengthening currencies from stifling economic growth. Now, talk of currency controls is being abandoned and interest rates are rising as...
February 28th, 2011 | Popular Articles, State of Money | Read More

“Oil Spike May Drive Fed, ECB Split”

“Oil Spike May Drive Fed, ECB Split”
“The US Federal Reserve and European Central Bank may go their separate ways if Middle East unrest provokes a sustained, inflationary oil price spike. Crude prices creeping back into the triple digits have sparked concern about slower economic growth and will no doubt reignite two long-running...
February 28th, 2011 | Popular Articles, State of Money | Read More

“Dollar’s Fall Rocks Far-Flung Families” – WSJ

“Dollar’s Fall Rocks Far-Flung Families” – WSJ
“The world’s currencies are gyrating, but the strains are being felt beyond financial capitals and corporate boardrooms. Millions of families in developing countries rely on relatives sending dollars, euros and other weakened currencies from abroad to prop up spending at home.” Read...
February 25th, 2011 | Popular Articles, State of Money | Read More

“Let Them Eat Chips” – O’Driscoll

“Let Them Eat Chips” – O’Driscoll
“Unfortunately for defenders of Fed policy, today’s paper is filled with stories of rising inflation. In Singapore, consumer price inflation is running at 5.5%. In Vietnam, consumer price inflation is running at over 12%. There are food riots in India. In yesterday’s Wall Street Journal, George...
February 25th, 2011 | Popular Articles, State of Money | Read More