Posts Tagged ‘monetary policy’

  • 16618_3.9_000008354384XSmall

    A Tale of Two Euro Zone Countries

    Sep 14, 11 • 274 Views • No Comments

    Saying, “It is a small step for the euro zone and a big step for Estonia…” the Estonian prime minister celebrated his country’s formal entry into the Western economic world. On January 1, 2011, Estonia switched from the kroon to the...  [read more]

  • yacht...luxury tax..16465_11.6_000013478959XSmall

    A QE2 Eulogy

    Jul 1, 11 • 334 Views • No Comments

    Although QE2 ended yesterday, eulogies for the Fed’s $600 billion bond buying program did not focus on the qualities of the deceased and why we will miss her. Yes, some did believe that things would have been much worse without QE2. But others were...  [read more]

  • 16449_3.9_000008354384XSmall

    A New Drachma?

    Jun 23, 11 • 260 Views • No Comments

    According to a 2002 BBC report, Greece was the least prepared to make the switch to the euro in 2002. During the transition only 1/6 of all businesses in Greece had received their euros. Now, Greece remains a dysfunctional euro nation. Can it leave? Not...  [read more]

  • 16362_3.9_000008354384XSmall

    Europe Day

    May 9, 11 • 277 Views • No Comments

    Can you imagine if every time someone from Brooklyn went to Manhattan, she had to use a different currency?   In an excellent NY Times Magazine article, economist Paul Krugman explains the euro zone. He tells how it began, describes the...  [read more]

  • 16298_4.9_000012530676XSmall

    Comparing Central Banks

    Apr 9, 11 • 301 Views • No Comments

    Perhaps we can divide the world between inflation fighters and recession fighters. Right now, most of the inflation fighters are in the developing world. In Brazil, Russia, India and China (the BRICs), more expensive food and energy and growing demand are...  [read more]