Keyword: monetary policy

Easy Money Is Anything but Easy (2/22/2012)

Easy money has unintended consequences.

Keywords: asset bubble, capital flows, expectation, floating exchange rate, monetary policy

Shaky Union (5/12/2010)

Even though members of the European Union have no control over their domestic monetary policies, their undisciplined domestic fiscal policies can still wreak great havoc for the financial health of the Union.

Keywords: balanced budget, budget deficit, California, debt, debt/GDP ratio, depreciation, EU, euro crisis, European Union, exchange rate, fiscal policy, Germany, Greece, monetary policy