Once Again…All Eyes on the Fed The Federal Open Market Committee (FOMC) begins another two day meeting today, with the economy still seemingly stuck in second gear. At the recent Jackson Hole gathering of central bankers, Fed Chairman Bernanke outlined the case for yet another tranche of quantitative easing, expressing “grave concern” about the state […]
Archive | September, 2012
Return to the Gold Standard? History Suggests Not To!
The Gold Standard: About to Return? The financial crisis of 2008-9 has laid the foundation for intense debate about the future of the global financial system. In the US, depending on the outcome of the Presidential election, the Republicans have declared an intention to explore the viability of returning the dollar to some form of […]
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