Archive for the ‘ dollar ’ Category
In the 1930’s, the US dollar money supply (measured by M3) dropped by about 30%. This was the steepest deflationary drop in the quantity of money in history. The purchasing power of the dollar rose dramatically because less money was in circulation compared to the amount of goods/services available in commerce. Since 2006, the US Fed [ READ MORE ]
Oh Canada! With the strongest economy in the G 20, we really are the true North strong and free! Our banking system has been used as a model around the world. During the financial crisis, our banks took some losses yet remained relatively stable. And as of late, our income [ READ MORE ]
It appears that China has called the Bluff of the US policymakers as it signalled an end to the Yuan’s peg to the US Dollar a week before the G-20 Summit. China said it will allow a more flexible yuan. President Barack Obama and his poster child, Treasury Secretary Tim Geithner, along with other G-20 [ READ MORE ]
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