The Great Dissemblers
When the financial crisis inquiry commission convened on Capitol Hill in early April, the assembled members had to endure the …
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The Dead Hand of Exchange Controls
The monetary bureaucrats in the United States, Europe and Japan have delivered ultra-low interest rates. When combined with the exchange-rate …
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Money Dominates
Financial panics are usually followed by sharp economic snap backs. The post-Panic of 2008 has failed to follow this typical …
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Rupiah Remembrances
The Indonesian rupiah has garnered plenty of news coverage recently. Most of it has focused on the rupiah’s newfound stability. …
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