
“Federal Reserve Bank of Chicago President Charles Evans urged easier monetary policy around the world, reports Bloomberg. Currently, the People’s Bank of China, the European Central Bank and the Federal Reserve are maintaining slow money growth policies. If these central banks reverse this policy global price inflation could be massive. Indications are that the ECB may go on such a money printing spree soon, and the Fed may do so, perhaps after the election.”
http://www.economicpolicyjournal.com/2012/08/chicago-fed-president-wants-global.html
Related posts:
World's second Bitcoin ATM to open in Hong Kong
$3.4M settlement in deadly 2011 SWAT raid near Tucson
Chinese man kills two ‘one-child’ policy officials
Wholesale Prices in U.S. Climb by Most in a Year; Food Prices Surge
First tobacco, now sugar. Next they'll be regulating our trousers
Flight of the RoboBee: Tiny hovering robot creates buzz
Egypt battles energy crunch with ban on too-cold air conditioners
Police officer fired for hitting fleeing suspect with car hired by neighboring county
43 Worst Civil Liberties Nightmares That Came True In 2017
How Mapping Student Debt Changes the Debate
Photographers Can be Detained as Potential Terrorists Under Official LAPD Policy
Dept. of Agriculture approves horse slaughterhouse in New Mexico
Now the taxman is spying on your home using Google Earth
Kerry After Syria Hearing Protest: 'I Once Had Very Similar Feelings'
Urine 'scent’ test can detect bladder cancer