Archive - Aug 18, 2010 - Blog entry

Econophile's picture

Money supply is declining, ZIRP and QE hasn't worked, so what's the Fed supposed to do? More of the same? This article takes a look at banks and their role in the money supply and credit process, what banks are actually doing, and why they are critical for an economic recovery. The article comes in two parts. Here is Part 1.

Pivotfarm's picture

Markets in a Flash

· The Dollar has started to weaken in the past few hours against other major currencies. China continues to shift the world’s largest FX reserves out of Dollars.

· The USD/JPY is trading very close to its lows, further weakness in the USD may see the pair making new ground.

smartknowledgeu's picture

Since world leaders and economists continually display a lack of even the most rudimentary of understanding about the unsound nature of our monetary system, I’ve decided to write them a “Monetary Policy for Dummies” to help them understand why the policies and solutions they constantly advocate amount to legalized theft that destroys the wealth of the nations.