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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The Curse of Government Failure
President Barack Obama has been marked by the curse of government failure. But you wouldn’t know it by listening to …
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America’s ‘Plan’ to Destabilize China
In early October, China’s Premier Wen Jiabao addressed European leaders in Brussels. Ominous talk of currency wars dominated the proceedings. …
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The Dance of the Dollar
Federal Reserve Chairman Ben S. Bernanke continues to claim that the Fed’s monetary policies had virtually nothing to do with …
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Fed Up, Again
One of the first casualties of a financial crisis is the truth. During times of stress, central bankers embrace a …
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