March 23, 2009
by Ryan Barr
This does not surprise me at all. With the Fed’s obvious goal of devaluing the dollar (that is the end game solution to our problem), China is raising the question of the validity of the dollar as the worlds reserve currency.
From
FT:
China calls for new reserve currency
China’s central bank on Monday proposed replacing the US [...]
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June 20, 2008
by Ryan Barr
Well, the fed is meeting again shortly, and it appears that they are going to hold the fed funds rate at its current levels. While I’m personally happy they are doing this (I have a floating rate HELOC), I’m not sure this is the best policy given our current ecnomic difficulties.
I am not a fan [...]
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