Tom Duncan
at Sound Money Project
-
“Made in America, Imported by Asia”
“Resentment in emerging markets about the global spillover effects of easier U.S. monetary policy is likely to hang over next week’s summit of the Group of 20 leading economies in Seoul. “What will happen with another round of quantitative easing by the Fed? It’s creating inflation, alright. Just not necessarily in the U.S., but on…
-
“The Five Things Money Printing Can’t Do…”
“It seems this Chairman of the Federal Reserve is of the belief that diluting the dollar is the cure for everything from a recession to male pattern baldness. But money printing can’t accomplish any of things that are necessary to rescue the economy. In fact, the one thing it does bring about (intractable inflation) will…
-
I’ll Side With Mises: Would Friedman’s Logic Lead Us to QE2? – Peter Boettke
“For some of the reasons that have been supported here by Steve and George, a WSJ editoral argues that Milton Friedman’s monetary policy analysis could be used to defend QE2 in our current economic context. I remain unpersuaded that any of these arguments for QE have the upper-hand either analytically or political economy wise. Part…
-
“Oil Hits Six-Month High as Fed Talks Up Inflation”
“Crude oil futures for December rose 95 cents to $83.90 a barrel on Tuesday, the highest closing price since May 3, as the dollar weakened again and traders focused on the expectation of a new round of “quantitative easing” by the Fed. You’re feeling oil’s surge at the pump: Gasoline prices are up 14 cents…
-
“Volcker Says Quantitative Easing May Cause Inflation in Future”
“Former Federal Reserve Chairman Paul Volcker, an adviser to President Barack Obama, said quantitative easing may spark inflation in the future and the amount involved may be a cause for concern. “When money is too easy for too long, we will have more” asset bubbles, Volcker, 83, said in Singapore today.” Read more. “Volcker Says…
-
“Oil Rises as Dollar Weakens on Speculation of Fed Credit-Easing”
“Oil for December delivery rose as much as 53 cents to $81.96 a barrel in electronic trading on the New York Mercantile Exchange. It was at $81.84 at 11:07 a.m. Singapore time. On Oct. 29, the contract dropped 0.9 percent to $81.43, trimming the advance in October to 1.8 percent. The dollar dropped for a…
-
“Why the Fed’s bold move won’t work”
“Critics of the Fed — and even someFed members — point to various unintended consequences QE2, including the possibility of a new asset bubble in financial markets, a return of inflation at painful levels, and even a currency or trade war with U.S. trading partners due to a weakening dollar. But some economists say the…
-
“Regulators Must Get Rules of the Road Right”
“Americans rely on financial services to help meet their needs: for retirement, education, homeownership and indeed every aspect of their lives… Will the new rules ensure that the costs of credit remain accessible for businesses and individuals to meet their financing needs? What is the impact of the final rules on companies’ competitiveness when they…
-
“Fear of Currency War Grows as US Dollar’s Value Falls”
“Is this a currency war or what?… In Washington, where a “strong dollar” has been the mantra for years, policymakers are taking steps that could make the already weak dollar weaker still… The dollar’s decline is being driven by what everyone in global markets is expecting — another round of so-called quantitative easing by the…
-
“America’s ‘Plan’ to Destabilize China”
“In early October, China’s Premier Wen Jiabao addressed European leaders in Brussels. Ominous talk of currency wars dominated the proceedings. And why not? After all, America — and a growing coalition of forces — has mounted a massive attack on China. And the Americanled coalition’s weapon of choice is the renminbi- U.S. dollar exchange rate.…
-
“Made in America, Imported by Asia”
“Resentment in emerging markets about the global spillover effects of easier U.S. monetary policy is likely to hang over next week’s summit of the Group of 20 leading economies in Seoul. “What will happen with another round of quantitative easing by the Fed? It’s creating inflation, alright. Just not necessarily in the U.S., but on…
-
“The Five Things Money Printing Can’t Do…”
“It seems this Chairman of the Federal Reserve is of the belief that diluting the dollar is the cure for everything from a recession to male pattern baldness. But money printing can’t accomplish any of things that are necessary to rescue the economy. In fact, the one thing it does bring about (intractable inflation) will…
-
I’ll Side With Mises: Would Friedman’s Logic Lead Us to QE2? – Peter Boettke
“For some of the reasons that have been supported here by Steve and George, a WSJ editoral argues that Milton Friedman’s monetary policy analysis could be used to defend QE2 in our current economic context. I remain unpersuaded that any of these arguments for QE have the upper-hand either analytically or political economy wise. Part…
-
“Oil Hits Six-Month High as Fed Talks Up Inflation”
“Crude oil futures for December rose 95 cents to $83.90 a barrel on Tuesday, the highest closing price since May 3, as the dollar weakened again and traders focused on the expectation of a new round of “quantitative easing” by the Fed. You’re feeling oil’s surge at the pump: Gasoline prices are up 14 cents…
-
“Volcker Says Quantitative Easing May Cause Inflation in Future”
“Former Federal Reserve Chairman Paul Volcker, an adviser to President Barack Obama, said quantitative easing may spark inflation in the future and the amount involved may be a cause for concern. “When money is too easy for too long, we will have more” asset bubbles, Volcker, 83, said in Singapore today.” Read more. “Volcker Says…
-
“Oil Rises as Dollar Weakens on Speculation of Fed Credit-Easing”
“Oil for December delivery rose as much as 53 cents to $81.96 a barrel in electronic trading on the New York Mercantile Exchange. It was at $81.84 at 11:07 a.m. Singapore time. On Oct. 29, the contract dropped 0.9 percent to $81.43, trimming the advance in October to 1.8 percent. The dollar dropped for a…
-
“Why the Fed’s bold move won’t work”
“Critics of the Fed — and even someFed members — point to various unintended consequences QE2, including the possibility of a new asset bubble in financial markets, a return of inflation at painful levels, and even a currency or trade war with U.S. trading partners due to a weakening dollar. But some economists say the…
-
“Regulators Must Get Rules of the Road Right”
“Americans rely on financial services to help meet their needs: for retirement, education, homeownership and indeed every aspect of their lives… Will the new rules ensure that the costs of credit remain accessible for businesses and individuals to meet their financing needs? What is the impact of the final rules on companies’ competitiveness when they…
-
“Fear of Currency War Grows as US Dollar’s Value Falls”
“Is this a currency war or what?… In Washington, where a “strong dollar” has been the mantra for years, policymakers are taking steps that could make the already weak dollar weaker still… The dollar’s decline is being driven by what everyone in global markets is expecting — another round of so-called quantitative easing by the…
-
“America’s ‘Plan’ to Destabilize China”
“In early October, China’s Premier Wen Jiabao addressed European leaders in Brussels. Ominous talk of currency wars dominated the proceedings. And why not? After all, America — and a growing coalition of forces — has mounted a massive attack on China. And the Americanled coalition’s weapon of choice is the renminbi- U.S. dollar exchange rate.…
Newsletter
Liberty and prosperity
at your fingertips.
By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact