Posts Tagged ‘monetary policy’

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    Laundering Zimbabwean money

    Mar 29, 12 • 564 Views • No Comments

    In Zimbabwe, people are laundering money. Literally. When their U.S. dollars look too gray and faded, Zimbabweans wash and dry them. In this Wall Street Journal photo, dollar bills, shirts and sheets are suspended with clothes pins along a line. Why? First......  [read more]

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    Valentines From the Fed

    Feb 12, 12 • 423 Views • No Comments

    What a fantastic idea! When University of Pennsylvania economist Justin Wolpers suggested Federal Reserve Valentines, the Fed and others responded. The San Francisco Fed: “I’m going to extraordinary measures to increase your stimulus.”......  [read more]

  • Unless We Look More Closely at Women in the Global Labor Force, We See Only the Tip of the Iceberg.

    Leaving the Euro

    Nov 5, 11 • 462 Views • No Comments

    Would you like to win 250,000 British pounds? Predicting that a nation’s euro zone exit would be catastrophic unless properly managed, a UK businessman has sponsored a contest. To win the prize money, you just need to submit the best departure plan. The......  [read more]

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    A Tale of Two Euro Zone Countries

    Sep 14, 11 • 479 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]

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    A QE2 Eulogy

    Jul 1, 11 • 617 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]