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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…

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…

September 23, 2011

Defense and Security
You Might Have Missed: Drones, Drones, Drones

Lt. Col. Geoffrey Barnes, Detachment 1 46th Expeditionary Reconnaissance Attack Squadron commander, performs a pre-flight inspection of an MQ-1B Predator unmanned drone aircraft on September 3, 2008 …

Lt. Col. Geoffrey Barnes, Detachment 1 46th Expeditionary Reconnaissance Attack Squadron commander, performs a pre-flight inspection of an MQ-1B Predator unmanned drone aircraft on September 3, 2008 (Christopher Griffin/Courtesy Reuters).