Nov 082010
The latest QE move by Ben Bernanke is a much bigger deal than people are making of it. I am not referring only to the International ramifications which the following list of articles supplied by Edward Harrison suggest plenty of push-back from abroad:
Topic of the Day: Problems with QE mounting
- US accused of forcing up world food prices | Business | The Guardian
- QE2 inflates commodities, threatens 70s-styled malaise – International Business Times
- G20 finds common ground opposing U.S. | Reuters
- G20 showdown likely over US Federal Reserve’s quantitative easing | Business | The Guardian
- Tim Geithner denies US is planning to weaken the dollar – Telegraph
- The rest of the world goes West when America prints more money – Telegraph
- Ron Paul in charge of Federal Reserve oversight? – On Congress – POLITICO.com
- Scott Sumner Explains Himself, Arnold Kling | EconLog | Library of Economics and Liberty
I will have a major post on the real meaning of QE2 around mid-week. I think it is very important for all to read.
