Topic: Inflation

I’ll Side With Mises: Would Friedman’s Logic Lead Us to QE2? – Peter Boettke

– November 3, 2010

“For some of the reasons that have been supported here by Steve and George, a WSJ editoral argues that Milton Friedman’s monetary policy analysis could be used to defend QE2 in our current economic context. I remain unpersuaded that any of these argume …

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“Oil Hits Six-Month High as Fed Talks Up Inflation”

– November 3, 2010

“Crude oil futures for December rose 95 cents to $83.90 a barrel on Tuesday, the highest closing price since May 3, as the dollar weakened again and traders focused on the expectation of a new round of “quantitative easing” by the Fed. You’re feeling o …

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“Volcker Says Quantitative Easing May Cause Inflation in Future”

– November 2, 2010

“Former Federal Reserve Chairman Paul Volcker, an adviser to President Barack Obama, said quantitative easing may spark inflation in the future and the amount involved may be a cause for concern. “When money is too easy for too long, we will have more” …

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“Oil Rises as Dollar Weakens on Speculation of Fed Credit-Easing”

– November 1, 2010

“Oil for December delivery rose as much as 53 cents to $81.96 a barrel in electronic trading on the New York Mercantile Exchange. It was at $81.84 at 11:07 a.m. Singapore time. On Oct. 29, the contract dropped 0.9 percent to $81.43, trimming the advanc …

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“Why the Fed’s bold move won’t work”

– October 29, 2010

“Critics of the Fed — and even someFed members — point to various unintended consequences QE2, including the possibility of a new asset bubble in financial markets, a return of inflation at painful levels, and even a currency or trade war with U.S. t …

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“Fear of Currency War Grows as US Dollar’s Value Falls”

– October 27, 2010

“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 glo …

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“America’s ‘Plan’ to Destabilize China”

– October 27, 2010

“In early October, China’s Premier Wen Jiabao addressed European leaders in Brussels. Ominous talk of currency wars dominated the proceedings. And why not? After all, America — and a growing coalition of forces — has mounted a massive attack on China. …

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“Toward a Free-Market Money”

– October 27, 2010

“Despite the overwhelming evidence that markets perform best when left alone by the government, it is still virtually taken for granted that one consumer product should be completely controlled by every government in the world. One product, so ubiquito …

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“Monetary Theory and the Trade Cycle” – F.A. Hayek

– October 27, 2010

“It seems certain, however, that we shall merely make matters worse if we aim at curing the deflationary symptoms and, at the same time (by the erection of trade barriers and other forms of state intervention) do our best to increase rather than to dec …

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“Surging Inflation Spurs Debt Concern in 2012, Swaps Show: Argentina Credit”

– October 26, 2010

“The third-highest inflation rate in the world is making investors less confident in Argentina’s ability to keep up economic growth and repay debt beginning in 2012, credit default swaps show. Five-year contracts that protect investors against a defaul …

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“Fed Asset Buying May Reach $2 Trillion”

– October 25, 2010

“The Federal Reserve may purchase $2 trillion of assets to stimulate the U.S. economy and start by announcing a fresh round of monetary easing on Nov. 3, Goldman Sachs Group Inc. said. “We expect an announcement of $500 billion or perhaps slightly more …

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“Oil rises to near $81 as traders mull Fed moves”

– October 22, 2010

“Oil prices rose to near $81 a barrel Friday in Asia, rebounding slightly from the previous session’s steep drop, as traders mull the possible effects of anticipated moves by the U.S. Federal Reserve to spur economic growth.” Read more.  “Oil rises to …

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