Posts Tagged ‘words’
“A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank.”
-Ron Paul
We got some good feedback from our article on Friday. Below are a few reader comments and our responses. Enjoy. (And [...]
When I hear someone mention China in the midst of a political discussion aimed at understanding our future economic path, I shake my head.
There are very real reasons to give China’s economy lots of press. What they have accomplished over the last 30 years — major reform and a relatively more open economy — is [...]
Today is a day that is devoid of economic data so the market has turned its attention toward the European banking conference taking place in Germany. At this conference, Fed Chairman Bernanke defended QE2 and took aim at China and their currency peg.
Not coincidentally, today the Chinese raised the reserve requirements for their banks, trying [...]
As Macro Man referred to his progeny as his Macro boys, so Team Macro Man also have their own pack of brats. Who we will now on refer to as the Macro Minors. We were rather impressed when one of said Macro Minors, with perfectly topical timing (and also possibly an eye on the Frieze [...]
Key News
European Central Bank council member Axel Weber said Greece’s fiscal crisis is threatening “grave contagion effects” in the euro area, justifying Germany’s contribution to a 110 billion-euro ($142 billion) aid package. (Bloomberg)
Quotable
“History is mostly guessing; the rest is prejudice”
H. L. Mencken
FX Trading – If you utter the “C-word” than the words “emerging markets” must [...]
Key News
European Central Bank council member Axel Weber said Greece’s fiscal crisis is threatening “grave contagion effects” in the euro area, justifying Germany’s contribution to a 110 billion-euro ($142 billion) aid package. (Bloomberg)
Quotable
“History is mostly guessing; the rest is prejudice”
H. L. Mencken
FX Trading – If you utter the “C-word” than the words “emerging markets” must [...]
