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Euro Pacific Capital’s Peter Schiff argues that quantitative easing is “toxic” for the economy Stuart Varney FoxBusiness 6/4/2012 Watch the latest video at video.foxbusiness.com Related: How Would Margaret Thatcher Handle the U.S. Economy? Bianco: Odds of QE3 Increasing Rapidly June 5th, 2012 | Tags: currencies, Euro, gold, hyperinflation, interest rates, Peter Schiff, QE3, Stuart Varney, Treasury bonds, U.S. Dollar | Category: "Stimulus" program, Banking and finance, Economy, Federal Reserve, Treasury Department, Video | Comments are closed
Su Qiang and Li Xiaokun China Daily 2010-11-24 Premier Wen Jiabao shakes hands with his Russian counterpart Vladimir Putin on a visit to St. Petersburg on Tuesday. ALEXEY DRUZHININ / AFP St. Petersburg, Russia – China and Russia have decided to renounce the US dollar and resort to using their own currencies for […] November 24th, 2010 | Tags: currencies, natural resources, U.S. Dollar, Vladimir Putin, Wen Jiabao | Category: China, Energy, Russia | Comments are closed
As the US Federal Reserve meets today to decide whether its next blast of quantitative easing should be $1 trillion or a more cautious $500bn, it does so knowing that China and the emerging world view the policy as an attempt to drive down the dollar. Ambrose Evans-Pritchard Telegraph [UK] 01 Nov 2010 The Fed’s […] November 2nd, 2010 | Tags: commodities, currencies, G20, government bonds, Keynesian, quantitative easing, U.S. Dollar | Category: China, Federal Reserve, Treasury Department | Comments are closed
In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading By Robert Fisk The Independent [UK] Tuesday, 6 October 2009 In the most profound financial change in recent Middle East history, Gulf Arabs are planning – […] October 5th, 2009 | Tags: currencies, IMF, oil, World Bank | Category: Economy | Comments are closed
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