News Release- Produced by JPMorgan and Markit in association with ISM and IFPSM At 51.4 in April, up from 51.1 in March, the JPMorgan Global Manufacturing…
Ben Bernanke has said many times that Marriner Eccles, the head of the Federal Reserve in 1936/37 made a mistake by tightening credit (raising reserve requirements). Bernanke blames Eccles’s actions for the 50% stock market collapse in 1937 and the …
Two stories in the past 24 hours on this, one from Aljazeera and the other AE-P. The idea is that the Fed buys European govt bonds to hold down yields. The Aljazeera story (an opinion piece from a Washington think tank) gives more background detail, co…
Euro zone inflationary pressures at seven-month low
Inflationary pressures in the euro zone fell to a seven-month low in June, pulled down by an easing in Germany and Spain, according to an indicator designed to predict inflation trends from the Econo…
I’ve been saying for more than a year now that the unintended consequences of QE would be to spike inflation, which in turn would poison the global economy. I knew all along that Ben was never going to create any jobs by printing money and of …
“When Yellowstone Caldera last erupted some 640,000 years ago, it released about 1,000 km3 of material (as measured in dense rock equivalent (DRE)), covering a substantial part of North America in up to two metres of debris”
Sixteen Cents: Pushing the…
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For an EWaver he is very reasonable.
http://caldaro.wordpress.com/2011/01/16/gold-bull-market-far-from-over/
Gold bull market … far from over
One must keep in mind that Gold is not becoming more valuable. Its…
ECRI Inflation Gauge Jumps to 100.7 in December
Friday, January 7, 2011
By Gary Siegel
NEW YORK – U.S. inflationary pressures were higher in December, as the U.S. future inflation gauge grew to 100.7 from a revised 100.0 in November, originally repo…
IMF External Relations Department
Morning Press
Friday, December 10, 2010
China
PBOC Hikes Reserve Requirement Ratio By 50 Basis Points
China’s central bank said today it will raise banks’ reserve requirement ratio by 0.50 percentage points, the sixt…
Cambodiabear: Viets prefer to hold USDs rather than the dong as the gov’t has been printing like mad. The gov’t even scaled back the importation of gold to prevent ppl from protecting themselves but gold shops opened at the casino area at the Cambodian…
