By trying to compensate for poor fiscal policies, the Fed is making it easier for the President and Congress to evade their …
Currency
Europeans Are Thinking the Unthinkable: That Debt Defaults Might Make Sense
Instead of struggling to keep the euro zone together, default may be less painful in the long run for the people of overindebted countries
The Real Significance of the Bitcoin Boom (and Bust)
Online currencies like the Bitcoin are one day likely to alter government policy, just as the bond market did in the 1990s
Can the U.S. Dollar Become Almighty Once Again?
A stronger dollar could be a bellwether of an improving economy and a brighter outlook for U.S. stocks.
If There’s No Inflation, Why Are Prices Up So Much?
Many of the costs faced by typical American households are rising faster than the official inflation statistics indicate.
Is the World on the Brink of a Currency War?
Economic policies that look like the start of a trade war are really aimed at addressing domestic economic problems.
Waiting for Change: The Battle Over the U.S. Penny
When was the last time you stopped to pick up a penny? Considering most of us consider the one-cent coin almost worthless these days, it’s probably been a while. Still, the U.S. penny persists
The Pessimist’s Guide to Surviving the Fiscal Cliff
Whatever the budget deal, it probably won’t be able to prevent sluggish growth and the risk of rising inflation.
Whoever He Is, the President Elect Will Quickly Face an Economic Crisis
The U.S. is confronting a dizzying array of financial issues that will have to be dealt with early next year.
LIBOR Lending Rate Gets Overhaul (Sort Of)
UK regulator proposes “reset” of scandal-ridden money market rate system and new regulation, but the way rates are fixed won’t fundamentally change.
The Strange Allure of the Gold Standard
Some Republicans want to take the country forward by taking us back — way back – to the gold standard. The Republican party platform, approved on Tuesday, warns against the evils of “easy money and loose credit” and calls for …
The Big New Idea for Saving the Euro
Giving Europe’s bailout fund a banking license would provide massive firepower to help flailing states, but proposal must first overcome deep German skepticism
