Understanding the euro's failure and Triffin's Paradox helps us understand why the dollar will rise significantly in the years ahead.
Hungary is in a recession, again. According to the chattering classes, as well as many analysts and financial reporters, fiscal austerity is the cause of Hungary’s slump. Nonsense. Hungary’s recession results from its slumping money supply.
During the Cold War, national security analysts spoke knowingly about the art of "Kremlinology." This was a technique for understanding Soviet power relations and policy changes taking place inside the leadership compound in the Kremlin.
A question on the minds of many people today (increasingly those who manage or invest money professionally) is this: How do I preserve wealth during a period of intense official intervention in and manipulation of money supply, price, and asset markets?
While the B.R.I.C.S nations are contributing to the I.M.F.’s funding with the purpose of shoring up the global financial system, they’ve stipulated that they want more power in the I.M.F.
Bottom line: A roller coaster economy brought to you by Ben Bernanke by his first draining reserves and his then expanding them is the path we are on.