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Source: Tom Toles, Washington Post, March 20, 2009.
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Source: Dave Granlund
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By Cees Bruggemans At a rescheduled MPC meeting today, one of ten to be held this year, the SARB for the third meeting in a row slashed interest rates, with prime falling by 1% to 13%. In its statement released after the meeting, the MPC put much emphasis on the extraordinary [...] More on this topic (What's this?) Two Measures of Inflation: New Update (Phil’s Stock World, 11/30/12) The U.S. Lies About Inflation: Here's The Inflation Secret The Government Doesn't Want You to Know (Money Morning, 4/13/12) Best Assets to Own During Inflation (Learn Mining News, 2/17/12)  By Prieur du Plessis, on March 25th, 2009 posted in: Investment, Markets, Money  3 people had their say - chime in!
Given how critical Nouriel Roubini has been in the past regarding various government plans to fix the US economy, his take on the new plan of the administration to buy toxic assets is surprisingly positive. This post reports on his reasoning. [...] |
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