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Americans want a strong dollar, but few can offer any reasons why

National customs certainly differ. In monasteries high in the Himalayas, monks rhythmically intone "Om, om, om" to achieve inner peace and serenity.

Creating money with a few keystrokes

Central banks pumped hundreds of billions of dollars of liquidity into banking systems recently. Unfortunately, most people don't know what the heck that means or whether it is good or bad.

Creating money with a few keystrokes

Central banks pumped hundreds of billions of dollars of liquidity into banking systems recently. Unfortunately, most people don't know what the heck that means or whether it is good or bad.

Dollar's slide affects more than tourists

Reporters faced with recurring news sometimes resort to clichés. Oppressive heat wave? Show a kid frying an egg on the pavement. If the value of the dollar falls relative to the euro, describe what admission to the Eiffel Tower or a croissant and espresso now costs U.S. tourists.

Fed shouldn't rush to cut rate in 2007

The Federal Open-Market Committee's decision Tuesday to leave its target interest rate unchanged surprised no one. Under Alan Greenspan, it adopted a practice of changing course only after prior warning.

Greenspan's Oral Circumvention is Cerebral Fribble

Alan Greenspan, the speaker at Thursday night’s Minnesota Meeting, is a past master Fed-Speak, a language in which many complex words are used to say as little as possible.

Mixed signals makes Fed's job harder

Mixed economic signals are making it difficult for the Federal Open Market Committee to decide whether to decrease or increase the money supply, which in turn influences whether interest rates go up or down.

Nobel laureate has proved his economic relevance

An economist is lucky if his or her work stands the test of time and remains relevant decades after first being published. Robert Mundell, the 1999 Nobel laureate in economics, is extremely fortunate: His work is actually more respected and relevant now than when it was first published.

PARANIN ÖZELLEŞTİRİLMESİ: GENEL BİR YAKLAŞIM

Bırakınız yapsınlar felsefesinin en hararetli taraftarlarını bile parayı tam serbesti reform programı dışında tutmaya yönelten para ve bankacılık sektörüne neler oluyor?

Retiring from the Fed would be good for Greenspan, good for the country

The U.S. economy is doing better than it has in decades. Inflation and unemployment are low, incomes are rising, and the stock market remains high.

Those who think Greenspan rules are mistaking influence for power

Is Alan Greenspan the most powerful man in the world? Statements to that effect are increasingly common in the media and in casual conversations.

Treasury cashes in on collected coins

The U.S. Treasury has discovered that "seignorage" works

What is the Historical Price of Gold?

Gold has served as the most important monetary standard throughout history.

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