Barron’s highlights the big one on this week’s cover:”Why the Fed will soon print $2 trillion,” is its headline. The idea behind the headline is simple enough. The recovery is a flop. All that stimulus spending has done nothing. Unemployment is not getting better. Consumers aren’t shopping. Banks aren’t lending. And the money supply is actually falling.
August 11th, 2010 | Bill Bonner | 22 comments | ContinuedAll Posts Tagged With: "monetary"
European Monetary Union Members Cannot Print Money to Inflate Way Out of Crisis
Europe’s monetary failure is bringing about a fiscal crisis, and probably a social crisis too. The Euro not only made 10-month lows against the dollar. But the viability of the common currency (one interest rate, many fiscal policies) is now being openly questioned.
March 25th, 2010 | Dan Denning | 38 comments | Continued
Sweden Remains an Occasional Trail-blazer in Monetary Matters
The world’s first central bank, beating even the Bank of England by 26 years, the Riksbank then copied the Old Lady by when it abandoned the Gold Standard in September 1931. But the Swedes chose to mimic Great Britain before anyone else…
August 19th, 2009 | Adrian Ash | 0 comments | Continued
Federal Reserve and the Huge Tsunamis of Money
Then, to add that essential touch of surreal whimsy that seems to permeate all things fiscal and monetary these days, I additionally note that not only did Total Reserves go down in the banks by $48 billion to $848 billion, but I will note that Total Reserves one year ago were a miniscule $41 billion! Hahahaha!
July 7th, 2009 | Mogambo Guru | 3 comments | Continued
