Daily Archives: June 20, 2010 @ 5:18 pm (Sunday)

Professor Bill Mitchell on inflation

Zimbabwe for hyperventilators 101 A very good read. Today’s hyper inflation fears due to ‘money printing’ are pure fear mongering. My comment to Bill in support of his article: Russia in 1998 is an example of how much the flat … Continue reading

Posted in Currencies, Deficit, Inflation | Tagged , , , , , , |

China Yuan Pledge Suggests Peg to Dollar May Go

Reads to me like they don’t like the yuan strength vs the euro which means it could weaken vs the dollar if they buy euro instead of dollars as suggested below: China Yuan Pledge Suggests Peg to Dollar May Go … Continue reading

Posted in BRIC, China, Currencies | Tagged , , |