dollar
Are Obama’s policies burying the US economy?
Gerard Jackson Monday 28 March 2011
When Obama ran for president I warned that the man is a dogmatic leftist and Americans — those with any sense, that is — would rue the day he sat in the Oval Office. Since then I, along with many others, also pointed out that if unchecked his policies would result in economic stagnation and inflation. Well, this now seems to be the case. Read the rest of this entry »
A good looking economy is not always a good economy
Gerard Jackson Monday 14 March 2011
It is said that many look enviously upon the Australian economy’s success in not only weathering the global financial crisis but to continue to prosper. Of course, there is no gainsaying the role that the resources sector played in providing the country with a vital economic buffer. But is everything as rosy as many seem to think, including some of our Treasury boffins? Read the rest of this entry »
Bernanke’s inflationary binge could spark a currency war and ruin the dollar
Gerard Jackson Monday 8 November
Bernanke’s monetary shenanigans are building up a host of problems, domestic and international. In the next 8 months or so he plans to pump nearly $900 million dollars into the US economy with the intention of lowering interest rates to the point where business borrowing and consumer spending will be sufficiently stimulated to trigger a recovery. (If only it were that simple.)
Posted in Bernanke, dollar, Gerard Jackson, inflation, monetary policy, Money Supply, Recession, US economy, US unemployment