Showing posts with label US dollar. Show all posts
Showing posts with label US dollar. Show all posts
Thursday, February 16, 2012

Euro Drops Below $1.30

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This morning the value of the Euro dropped below $1.30.  The United States should thank the European Union for the diversion it has created....
4 comments:
Tuesday, February 14, 2012

The European Model: Broken Beyond Repair?

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I am really tired of the German bashing! The model for the Euro was unsustainable.   But, the lessons learned from the effort sho...
13 comments:
Thursday, December 1, 2011

Central Banks in Liquidity Action...Not Solvency Action

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Here we go again! The central banks acted yesterday and the markets went wild!   Six central banks acted in concert to make sure that Eu...
Tuesday, November 22, 2011

Deficit Reduction: An Absence of Leadership

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I spend a lot of time writing…and talking…about the credit inflation that has taken place in the United States over the past fifty years.  ...
Saturday, April 23, 2011

Does a Declining Value of the US Dollar Reduce the Balance of Payments Deficit?

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This blog was begun in February 2009. From the very beginning, I have been a “weak dollar” person, believing that the longer-term trend in t...
Wednesday, April 20, 2011

Here Comes the Chinese Yuan

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What evidence have I got that the United States has mis-used its responsibility as the provider of the reserve currency of the world? Lo...
Sunday, April 10, 2011

Almost One-Half of Cash Assets in Commercial Banks are Held by Foreign-Related Institutions

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Check this out: on April 6, 2011, Commercial Bank Reserve Balances with Federal Reserve Banks totaled $1.503 trillion (Federal Reserve Relea...
1 comment: