Tags » Currency War

China's yuan is no longer undervalued, says IMF

For more than a decade, China’s taken a verbal beating from other countries for keeping its currency unfairly cheap. Those days might finally be over. The yuan (a.k.a. 486 more words

On a Tesco Shop

Today I went to Tesco to do my shopping. At the till I met three lovely ladies, serving customers at the checkout. They all looked in their late fifties to early sixties. 384 more words

47 Bullion

2015-Q1: a Quarter of Uncertainty

Picture: hedgeye.com

Milton Friedman, a Nobel Prize winner in economics, illustrated the economic crisis as the guitar string: when we strum the guitar strings down, the strings will bounce right away. 747 more words

Monetary Policy

Things that bad in Australia?

Unbelievable, a 2% rate cut! Are things that bad in Australia?? What does this mean to the average person in Auzieland? This mean’s your currency has just been diluted, meaning it will cost more at the store to buy goods. 159 more words

CURRENCY WAR

Brazil's leaders should be nostalgic about the US "currency war"

Remember when Brazil complained about currency wars?

In the autumn of 2010, finance minister Guido Mantega made headlines by decrying the Federal Reserve’s efforts jolt the US economy out of its malaise by creating new money, and using it to buy bonds. 219 more words

There is a major currency war happening now

Absolutely no one is reporting this, so this is my own observation and insight

I have noticed lately that the dollar is rocketing upward in “value” in relation to all other world currencies. 555 more words

Jim Stone