Showing posts with label Money. Show all posts
Showing posts with label Money. Show all posts

IMF Doubles Inflation Target!

IMF Doubles Inflation Target!

Claus Vogt
I grew up in Germany, a country that went through hyperinflation twice during the 20th Century. Maybe that’s the reason I learned inflation is bad and inflationary policies are diabolic.
Inflationary periods are highly unjust. They undermine the ethics of hard work and thrift. They destroy solidarity, lead to widespread hardship and often to social unrest.
All these points are well documented in history. Many countries have suffered through the destruction brought on by huge surges of inflation. And many people have lost their wealth, their savings, and even their perspectives in the wake of inflationary episodes. (go to article....)

Urgent alert: Debt crisis speeding this way!

by Monty Agarwal   03-02-10
Suddenly, the exploding debt crises in the PIIGS countries — Poland, Italy, Ireland, Greece and Spain — have been unceremoniously shoved out of the headlines, only to be replaced by shocking news that … read on

The Future of the Euro in Question

by Bryan Rich  Money and Markets,  02-20-10
At the beginning of this year, I wrote a Money and Markets column entitled “Will the Euro Become the Most Hated Currency for 2010?“
At that time, the euro/dollar exchange rate was about 5 percent off of its 2009 highs. And we were just months removed from hearing the constant and broadly espoused opinions suggesting the euro would become the world’s next primary reserve currency — replacing the troubled U.S. dollar.
But the focus of global investors was starting to shift (read on)