Rolling Stone Matt Taibbi October 8, 2010 It’s amazing, given the attention the Tea Party allegedly is paying to government waste and government spending, that there hasn’t been more controversy about the now-seemingly-inevitable arrival of “QE2” – a second massive round of money-printing cooked up by the Fed to prop up both the government and [...]
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The Fed’s Magic Money-Printing Machine, Act 2
Posted: October 13, 2010 in Debt, Economy, Federal Reserve, Housing, Jobs, Money, Politics, US News1
Fed’s volte face sends the dollar tumbling
Posted: July 16, 2010 in Debt, Economy, Federal Reserve, Jobs, Money, US Newstelegraph.co.uk Ambrose Evans-Pritchard July 15, 2010 The US workforce has shrunk by a 1m over the past two months as discouraged jobless give up the hunt Photo: AP The euro rocketed to a two-month high of $1.29 and sterling jumped two cents to almost $1.54 after the Fed confessed that the US economy may not [...]
