Saturday, November 27, 2010
Friday, November 26, 2010
Wednesday, November 24, 2010
Thursday, November 18, 2010
Currency and Trade Wars
U.S. criticism of China’s efforts to keep the yuan weak in order to maintain its trade surplus rings false: China’s continued pumping of excess dollars into U.S. Treasury bonds is what allows the United States to continue deficit spending.
During a stop at the Gardens near the Singapore Flyer on his recent Asian tour, Michael Maloney discusses with Mahesh Balani, director of Silverinc.Asia Pte Ltd., the ramifications of our “insane” global currency system and how it forces the rest of the world to march in lockstep with U.S. monetary policy.
Read the rest of this blog at: http://wealthcycles.com/blog/2010/11/17/Currency-Craziness
Saturday, November 6, 2010
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