2,360 Results for:
Filters

November 30, 2004

United States
Their savings, our problem?

It seems like American households are now saving about a penny of every dollar they earn, and recently even less. Foreigners exporting to the US, in contrast, save roughly 35 cents of every dollar …

Blog Post by Brad W. Setser Follow the Money

December 7, 2004

United States
No Warm Glow from the Nobel Prize Here

Or more precisely, one of this year’s Nobel Prize winners in Economics seems to disagree with parts of the analysis Nouriel and I have been putting forward. It seems like Nouriel and I don’t underst…

Blog Post by Brad W. Setser Follow the Money

December 11, 2004

United States
The Global Test

My harping on the fact that US economic policy now has to pass a global test is not simply meant to score rhetorical points. I suspect that the same folks who financed the expansion of the US curren…

Blog Post by Brad W. Setser Follow the Money

December 18, 2004

The world’s two most distorted prices …

My nominations.The renminbi-dollar at 8.28 renminbi per dollar -- a price that puts China’s per capita income at around, only a bit above Iraq’s per capita income. The ten year US government treasury…

Blog Post by Brad W. Setser Follow the Money

December 29, 2004

If you cannot beat em, join em

Daniel Gross’s article on the currency preferences of the world’s underworld is too good not to link to. It seems like the world’s drug lords are less willing than the People’s Bank of China to fina…

Blog Post by Brad W. Setser Follow the Money