monetary policy

Below are two good videos outlining the Irish situation. For relevant background info see CW posts below (the last one is most hopeful): Ireland: Next stop – IMF, October 2009 How Does Irish Banking Play Out? Chart of the day:…

from earlier in the day by Win Thin Brazil press is reporting that President-elect Rousseff may replace central bank chief Meirelles after she takes office January so that she can exercise greater control over monetary policy.  We…

Here's a re-post of mine from New Deal 2.0 on the Germans and their political rhetoric on QE. Okay, I did a few years of German language study, so I know that the real word for hypocrite is “Heuchler”. But when I read the latest guff from…

In the fall of 2008, when the government took extreme steps to avoid a financial collapse, it created, what might be described as a partial liquidity trap. At the time, this was not a problem. The policymakers were not trying to assist…

The following is a post I wrote earlier today at Naked Capitalism. I liked Ed's piece on QE called Does Ben Bernanke Believe The Stuff He Writes?. What caught my eye was his line, "As for monetary policy, while QE does not create new…

The outcome of the US midterm elections and Federal Reserve Open Market Committee meeting, coupled with the various economic reports, strengthens our base case scenario in which we expect the US dollar to generally trade higher as the 2010…

Topic of the Day: Problems with QE mounting US accused of forcing up world food prices | Business | The Guardian QE2 inflates commodities, threatens 70s-styled malaise - International Business Times G20 finds common ground…

The heads of state of the world's twenty largest economies are set to meet in Seoul, South Korea to discuss the global economy. The so-called currency war will be of particular interest during this session because of an escalation in…

by David Galland As I write, gold is back in record territory, surging from $1,313 a month ago, to over $1,390 as I write. Paid subscribers to our International Speculator service, which focuses on the junior resource companies – mostly…

James Galbraith was on Yahoo! Tech Ticker talking about Fed policy. The quote he made that caught my eye was this one in response to whether the Fed Chairman Bernanke believes what he says and writes: "Well, one thing you can…