Sunday, June 11, 2006
Open Sunday Thread
A reader suggested an open topic thread for this Sunday afternoon. "Can we have an open Sunday thread?"
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I've written a note about how the US Dollar can remain the world's reserve currency but at a lower level in terms of relative exchange rates.
If interested, you can find it here:
http://halalmoney.blogspot.com/2006/05/evil-thoughts-1.html
If interested, you can find it here:
http://halalmoney.blogspot.com/2006/05/evil-thoughts-1.html
Here's something from a Bloomberg editorial:
'Surprise interest-rate increases in South Korea and India last week were reminders of an inconvenient truth: The era of easy money in Asia is over.'
'In recent years, Asian central-bank policies provided generous doses of liquidity, keeping borrowing costs low and putting a floor below stock prices. Until now, loose monetary policy worked marvelously.'
'The strategy may have run its course now that inflation is accelerating. On top of pressures on wages and property values, Asia is grappling with the fallout from high oil prices. More and more, their effects are seeping into consumer prices.'
'The question is whether Asia's economies are ready for tighter credit conditions.'
'Surprise interest-rate increases in South Korea and India last week were reminders of an inconvenient truth: The era of easy money in Asia is over.'
'In recent years, Asian central-bank policies provided generous doses of liquidity, keeping borrowing costs low and putting a floor below stock prices. Until now, loose monetary policy worked marvelously.'
'The strategy may have run its course now that inflation is accelerating. On top of pressures on wages and property values, Asia is grappling with the fallout from high oil prices. More and more, their effects are seeping into consumer prices.'
'The question is whether Asia's economies are ready for tighter credit conditions.'
Gold Bug! The return of gold fever
Get Ready For $100 Oil and $1,600 Gold
Not too late for investors to participate in the uranium boom
Unloved, Undervalued and Underowned
WILL PAULSON SAVE THE DOLLAR?
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Get Ready For $100 Oil and $1,600 Gold
Not too late for investors to participate in the uranium boom
Unloved, Undervalued and Underowned
WILL PAULSON SAVE THE DOLLAR?
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