The other day m'learned colleague Ambrose Evans Pritchard wrote a piece in praise of money-printing. What the world needs is more Quantitative Easing, he argued, though this time deployed in "nuclear force." I have no doubt...
One of the understandable issues of concern which has been raised during David Cameron's Brokeback-Mountain-style bonding session with his fellow liberal Barack Obama is the rising price of oil...
Even though he has done a piss poor job, he still squeaked by 70-30. Mind you this is the worst approval (in vote count) in the 96 year history of the Fed…but he still got in for a second term. This is the kind of...
I watched Ben Bernanke do an interview on a recent edition of 60 minutes tonight (we’d recorded it earlier).
There were many interesting things in the interview but there were two main ones I came away with:
(1) of all...
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