Daily Archive: Friday, January 14, 2011

Proposal for Japan and China- buy US state muni bonds!

My proposal for Japan and China is to announce a plan for each nation to purchase up to $150 billion of US state municipal bonds to help out the US states during these difficult times. They would be welcomed as rescuers, much like they have been with their announcements to buy securities ...Read More

Euro-Area Inflation Accelerates to Fastest Since 2008

Saudi crude oil price hikes are nudging up the various inflation indices some, but most core measures remain tame and the headline CPI increases will only be a one time event if/when crude prices stabilize, as aggregate demand remains relatively weak and inventories plentiful in general. However, the anti inflation rhetoric from ...Read More