The Grand Illusion of Global Liquidity, Part 2 - MSN MoneyCentral

The Grand Illusion of Global Liquidity, Part 2 - MSN MoneyCentral
An accepted article of economic faith is that failure of economic co-operation, resurgent nationalism and trade protectionism (for example, the Hawley-Smoot Act) contributed to the global financial crisis of the 1930s. The slowdown in central bank

The Voodooest Economics of Them All - Reason.com
If you've successfully managed to keep your breakfast down for this long, don't read this Bloomberg News analysis of the bailout extravaganza. Your lead paragraph: The U.S. government is prepared to lend more than $7.4 trillion on behalf of American

The Hyper-Inflationary Trigger - Nolanchart.com
In a fiat monetary system, there will always be a balancing act between inflation and deflation since the money must be manipulated by the central banking system. It is however, very rare for a fiat system to suffer from deflation because of the very

Posner vs. Block - Lewrockwell.com
More on fractional reserve banking. Walter Block posts a response to my earlier post . He still says that borrowing money from a depositor is like selling a "square circle": it is a "logical contradiction." It’s not, as long as the contract right

Citigroup: Where's the Comprehensive Solution? - Seekingalpha.com
Citigroup ( C ) is in serious trouble. The storied institution with $2 trillion in assets has seen its shares collapse and its reputation is in tatters as it goes cap in hand to the U.S. government for a bailout. Indeed, a solution must be found as

Harper urged to take quick, decisive measures - Globe and Mail
Exactly. The sooner the better. And for the part of the budget ear-marked for Québec, please spend it directly in Montréal ! (If you don't, it will just end up building chalets in the Laurentians, and that's not where it's needed.) Armins copy of

Can the World Wait? - OpEdNews.com
“America has believed that in differentiation, not in uniformity, lies the path of progress; it has advanced human happiness, and it has prospered.” –Louis D. Brandeis Success at the World Can’t Wait (WCW) National Meeting this weekend rested