Peter Schiff
D.W. MacKenzie PhD
John Browne
Mike Hewitt
David Zemens
Jeff Harding
The Mogambo Guru
Mario Rizzo
Robert Higgs
Chidem Kurdas
Jeffrey Rogers Hummel
Robert P. Murphy
Rob Ryley
Ron Paul
Paco Ahlgren
Ron Robins
Trivia
Who is the Governor of the Bank of Canada? He is the youngest of any central bank governor within the G8 nations.[ Answer? ] Mark Carney
The Demise of the Dollar
In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency...
Fed Bought $23.025 Bln Net in Agency MBS in Latest Week
NEW YORK, Sept 24 (Reuters) - The Federal Reserve bought $23.025 billion net of agency mortgage-backed securities in the latest week, the New York Fed said on its website on Thursday.
Taiwan Central Bank Said to Urge Cuts in Dollar Bets
Sept. 24 (Bloomberg) -- Taiwan’s central bank urged lenders to reduce their bets against the U.S. dollar after the island’s currency reached a three-month high, according to traders at foreign banks.
Brazil Bank Sees Faster Inflation as Economy Recovers
Sept. 25 (Bloomberg) -- Brazil’s central bank forecasts faster inflation in Latin America’s biggest economy over the next two years, prompting traders to bet the benchmark interest rate may be raised as early as January.
Ambac, BofA, German Central Bank Add to Lehman Claims
NEW YORK (Reuters) - Ambac Financial Group (ABK.N), Bank of America (BAC.N) and Germany's central bank are among new entities claiming assets against Lehman Brothers (LEHMQ.PK) after banks and investors worldwide took losses to the largest bankruptcy in U.S. history.
Lousy Jobs, In Such Small Portions
Two dissatisfied customers comment about a restaurant. One says, "The food here is terrible." The other replies, "I know, and such small portions!" In many ways, they could be describing our current employment picture. Not only are the portions shrinking, but the jobs themselves are steadily losing quality....
Has The Recovery and Reinvestment Act Worked?
The recession that began in 2008 has ended. Third quarter Gross Domestic Product rose at an annual rate of 3.5%. While there is little reason to doubt that recovery is under way, doubt remains regarding the causes of this recovery. Many reporters now claim that the results of third quarter GDP derive...
Boasting of Glory
Last week, to the delight of its media cheerleaders, the government announced that economic growth had returned and the recession had ended. But before we start celebrating one quarter of modest growth, we should realize the only force driving this apparent recovery is an enormous increase in government...
Yuan to Swap?
On March 23, 2009, China made public announcements to overhaul the global monetary system, thereby questioning the role of the US dollar as the reserve currency.1 Chinese officials have gone on record saying they want to move the global currency peg away from the dollar in favour of currency diversification...
Hair of the Dog
The GDP numbers out yesterday, which showed economic growth at 3.5% in the third quarter, brought a deafening chorus from public and private economists who all agreed that the recession is officially over. With such a strong report, they are happy to tell us that not only has the Fat Lady finished her...
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