Hyrcania

Hyrcania
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  • "If the objectives of QEII were to raise interest rates, slow economic growth, encourage speculation, and eviscerate the standard of living of the average U.S. family, then it has been enormously successful," writes Van Hoisington, adding, "these results represent the Fed's impact on the economy, regardless of their claims to the contrary."   [View news story]
    Interesting this article was chosen for today's currents - it looks like it was published as a 4Q10 outlook.

    I also wish the paper would make a clearer attribution of the commodity price increases to QE2 instead of just stating they have "cleary" affected them. Particularly, now that we have geopolitical events increasing the price of oil and that food inflation began before the implementation of QE2, and may be attributable to central bank injections of capital around the globe.

    Perhaps I'm slower than most, but I would have liked to see more development in causation.
    Apr 8, 2011. 06:22 PM | 1 Like Like |Link to Comment
  • In a deal to be sealed shortly, NATO agrees to take over command and enforcement of the Libyan no fly zone from the U.S. The U.S. will have just limited participation in the so-called Operation Odyssey Dawn going forward.   [View news story]
    NATO is a whole can of worms. It's not that simple to just get Turkey on board. They have a way of screwing up everything.

    "Putting Nato in charge of campaign would play into hands of Gaddafi, warns French president "

    At the end of this, I hope Russia emerges from this in a position of power.
    Mar 25, 2011. 02:39 PM | Likes Like |Link to Comment
  • In a deal to be sealed shortly, NATO agrees to take over command and enforcement of the Libyan no fly zone from the U.S. The U.S. will have just limited participation in the so-called Operation Odyssey Dawn going forward.   [View news story]
    Saw this in the Guardian 20 mins prior:
    No deal on Nato taking over the leadership role for military action against Libya – it appears Turkey remains unhappy at the terms being proposed and has objected, so a deal is unlikely to be reached tonight.
    Mar 24, 2011. 05:10 PM | Likes Like |Link to Comment
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