The Great Debate UK

Has QE2 worked?

December 16, 2010

– Kathleen Brooks is research director at forex.com. The opinions expressed are her own. –

from Breakingviews:

Fed’s data dump holds important lessons for Europe

December 1, 2010

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

from Breakingviews:

Fed misses a transparency trick with stress tests

November 18, 2010

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from MacroScope:

Primary dealers driving the printing presses

November 10, 2010

The U.S. Federal Reserve’s hotly-contested $600 billion renewal of its quantitative easing programme is roughly the size of the Gross Domestic Product of Switzerland.

from The Great Debate:

Bernanke’s high stakes poker game at the G-20

By Guest Contributor
November 9, 2010

By Peter Navarro
The opinions expressed are his own.

Ben Bernanke is about to play the biggest poker hand in global monetary policy history: The Federal Reserve chairman is trying to force China to fold on its fixed dollar-yuan currency peg. This is high-stakes poker.

When is it the Fed’s cue to leave?

November 5, 2010

The Federal Reserve’s second round of quantitative easing to the tune of $600bn put a firework under a trend that started back in August when Fed Governor Ben Bernanke first touted the idea of providing more monetary policy support to the US economy. Risky assets are in demand and the market is happy to sell dollars.

Is the currency war over?

November 1, 2010

The communiqué from last week’s IMF G20 finance minister’s meeting was the first step in trying to resolve the so-called global currency war. The ministers released a joint statement on October 23 which pledged that all countries would “move towards more market determined exchange rate systems that reflect underlying economic fundamentals and refrain from competitive devaluation of currencies.”

from MacroScope:

Did France cause The Great Depression?

November 1, 2010

Economist Douglas Irwin of Dartmouth College has stirred up a bit of a fuss by concluding in some academic research that it was France, not the United States, that was most to blame for The Great Depression.

from The Great Debate:

Quantitative easing and the commodity markets

October 29, 2010

-The views expressed are the author's own-

A warning by an International Energy Agency (IEA) analyst this week that quantitative easing (QE) risked inflating nominal commodity prices and derailing the recovery drew a withering response from Nobel Economics Laureate Paul Krugman, who labelled the unfortunate analyst the "worst economist in the world".

from The Great Debate:

There is no such thing as inflation

October 18, 2010

In 1987, UK Prime Minister Margaret Thatcher whipped up a firestorm of criticism from her opponents on the left when she told a magazine reporter that "there is no such thing as society", only individual men and women, and families.