Monthly Archives: November 2010

The Pot Again Calls the Kettle Red: Republicans, Democrats, the Fed and QE2

     Some conservatives are attacking current U.S. monetary policy as being too expansionary, as likely to lead to excessive inflation and debauchment of the currency.   The Weekly Standard is promoting a letter to Fed Chairman Ben Bernanke that urges a reversal of its policy of QE2, its new round of monetary easing. The letter is signed by a list […] Continue reading

Posted in Conservatives and Liberals | Tagged , | Leave a comment

Gold: A Rival for the Dollar

     Robert Zoellick put a few sentences about gold toward the end of a column in today’s FT that are drawing a lot of attention.   I doubt very much if the World Bank President has in mind a return to the gold standard, but goldbugs and critics alike are talking as if he does.
      Even if […] Continue reading

Posted in Asia, China, Commodities, Dollar, Euro, Inflation, Investing | Tagged , , , , , , , , | Leave a comment

Gold: A Rival for the Dollar

     Robert Zoellick put a few sentences about gold toward the end of a column in today’s FT that are drawing a lot of attention.   I doubt very much if the World Bank President has in mind a return to the gold standard, but goldbugs and critics alike are talking as if he does.
      Even if […] Continue reading

Posted in Analysis, Commodities, Uncategorized | Leave a comment

Leadership Need Not Come Only from the G7: The G20 Meeting in Korea

Korea may have an opportunity to exercise historic leadership, when it chairs the G-20 meeting in Seoul, November 11-12.    This will be the first time that a non-G-7 country has hosted the G-20 since the larger, more inclusive, group supplanted the smaller rich-country group in April of last year as the premier steering committee for […] Continue reading

Posted in Asia, Budget, China, Climate Change, Emerging markets, International Monetary Fund, Oil | Tagged , , , , , , , , | Leave a comment