Extraordinary admission
Last night on Charlie Rose, Treasury Secretary Tim Geithner made an extraordinary admission. Here’s the exchange: Rose: “Looking back, what are the mistakes, and what should you have done more of?...
View ArticleFisher on the Fed and the Fisc
Richard Fisher was the first Federal Reserve official, back in November 2006, to publicly pinpoint the easy-money mistakes that would lead to the crash. Now, in the aftermath, as the Fed confronts a...
View ArticleContinuing Dollar Dilemma
Zachary Karabell does a nice job explaining the “superfusion” cooperative arrangement between the U.S. and China, showing why China doesn’t want and won’t trigger a crashed dollar. They want a strong...
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