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April 28, 2006

Why does China have a looser monetary policy than the United States?

We know why the global economy grew strongly in the first quarter.   Nothing changed.  Or rather, the basic pattern that has driven global growth for the past few years intensified.The US continued t…

August 21, 2015

Elections and Voting
Campaign 2016: John Kasich, GOP Presidential Candidate

Ohio holds the title of “Mother of Presidents.” Eight of them were born, raised, or lived in Ohio at the time of their election. But the last president to hail from Ohio was Warren G. Harding, who wa…

hio Governor John Kasich formally announces his campaign for the 2016 Republican presidential nomination during a kickoff rally in Columbus, Ohio July 21, 2015.

January 23, 2009

Monetary Policy
Is the US now more, or less, reliant on China’s government for financing?

Rarely do nominees -- or even Treasury Secretaries -- make news in their written response to questions posed by Senators. But Tim Geithner’s comments on China yesterday tcertainly made news. I m…

July 21, 2005

China shifts to a basket peg

But the change against the dollar is small.  Very small. Too small in my view to have much of an economic impact, in any way.  On trade flows.  Or on capital flows.  I would still bet on a furth…