James Pethokoukis

Kudlow on Bernanke and the dollar

August 26, 2009

The great Lawrence Kudlow is skittish about Ben Bernanke’s seeming disinterest in a robust greenback:

Or maybe it is time to shutter the Fed …

July 31, 2009

It took my pal John “The Professor” Tamny of RealClearMarkets about a nanosecond to respond to my blog column about Ron Paul’s plan to audit the Fed. He let loose with both barrels:

Ron Paul’s Dumb Plan to Audit the Federal Reserve

July 31, 2009

The Federal Reserve is at least partially to blame for the economic crisis. It left interest rates too low for too long, and laxly regulated the megabanks. Given this reality, or at least this public perception, it’s not surprising that there are plenty of economists and politicos with oodles of ideas for re-imagining the central bank’s role and function. (Linking its policymaking operations more directly to the performance of market metrics such as the greenback, bond rates, and commodities would be a good start.)

Why the White House may be forced to get tough on China

July 29, 2009

Might America and China be headed toward a falling out over currency issues as U.S. unemployment worsens? The always superinsightful Andy Busch of BMO Capital Markets makes a helluva point here (bold is mine):

Will Obama push for a weaker dollar?

July 7, 2009

Great catch by my guy Andy Busch, superstrategist at BMO Capital markets in Chicago. While Laura Tyson’s remarks about a secoond stimulus package are getting all the play, she also had a lot to say about the dollar: