Paulson weak dollar policy ends- MOF to resume intervention

[Skip to the end] Before the body is cold the MOF has announced they are no longer going to be intimidated by being called ‘currency manipulators’ and ‘outlaws’ by Paulson and are resuming the building of the USD reserves to support their export industries. Bernanke’s beggar thy neighbor policy is being matched by real action- […]

Bloomberg: Mainstream criticism of FOMC

[Skip to the end] As mainstream economists, the Fed knows it took a very large risk when it cut aggressively, hoping its forecasts for ‘moderating inflation’ would play out, and knowing the following would happen if ‘inflation’ accelerated. Bernanke May Regret Interest-Rate Cuts, Lawson Says by Kim-Mai Cutler (Bloomberg) Former U.K. Chancellor of the Exchequer […]