
“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:
Unemployment crisis in Italy hits immigrants the worst
U.S. Quits UN Human Rights Council Because It’s Not Pro-Israel Enough
Welcome to Utah, the NSA’s desert home for eavesdropping on America
How many grenade launchers did Michigan police departments receive?
Parliament reports 24,000 attempts to access porn sites since election
Federal Reserve confirms its computers were hacked
Who funds Syrian rebel advocate O’Bagy and her 'Task Force'? You do
Bitcoin: Understated benefits and overstated risks
Jim Rogers: An 'even worse catastrophe’ is coming
Egyptian court orders Al Jazeera and other news outlets to close down
Oklahoma state legislator introduces bill to banish NSA
Survival Tips From the World's Second Oldest Bank
World’s first successful uterus transplant recipient is pregnant via in vitro fertilization
Micropayments now ready to slash price of online news
Swiss police smash Chinese trafficking ring