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News Sources wrote an interesting post today on
Here’s a quick excerpt
Dollar Rises Despite Stock Gains The dollar rose on Friday, supported by Federal Reserve Chairman Ben Bernanke’s comment last night that the Fed will tighten monetary policy “when the economic outlook improves sufficiently.” This is not a big surprise to the financial markets; however, in conjunction with White House economic adviser Larry Summers’ support for the dollar, it helped the US currency today. Summers said “any idea that nations can devalue their way to prosperity is one that

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wrote an interesting post today on
Here’s a quick excerpt
‘As far as I am concerned, this is … the most complex crisis we’ve ever seen due to the number of factors in play’ Spanish Economy Minister Pedro Solbes speaking to the Spanish radio station Punto Radio September 2008 “‘The global imbalances have to add up to zero and so, if the US is going to be less the consumer importer of last resort, then other countries are going to need to be in different positions as well.” Director of the US president’s National Economic Council Larry Summers, speak

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