“Is this a currency war or what?… In Washington, where a “strong dollar” has been the mantra for years, policymakers are taking steps that could make the already weak dollar weaker still… The dollar’s decline is being driven by what everyone in global markets is expecting — another round of so-called quantitative easing by the United States. In the next few weeks, the Federal Reserve is expected to inject vast sums of money into the economy in another attempt to spur growth.” Read more.
“Fear of Currency War Grows as US Dollar’s Value Falls”
Graham Bowley
Salt Lake Tribune, October 23, 2010.
Image by jscreationzs / FreeDigitalPhotos.net.
"There are so many holes in the FTC and Sony’s opposition to the Microsoft-Activision merger… Read More
"A wide range of outcomes are still possible for 2023, ranging from stagflation to a… Read More
"The real 'capitalist achievement,' however, isn’t Graceland. It’s the fact that compared to the stuff… Read More
"The unseen cause of gentrification is the knee-jerk NIMBYism of affluent leftist neighborhood associations. And… Read More
"Politicians on the left would like us to believe inflation is caused by greedy corporations.… Read More
"As 'dark horse' candidate, Ramaswamy has a greater burden of proof before the electorate.… Read More
"The US economy may continue to grow or shrink few percent from year to… Read More
"Forbidding entrepreneurial ventures that have not been granted prior approval and design review by unelected… Read More
*AIER is a 501(c)(3) Nonprofit registered in the US under EIN:04-2121305