Tuesday, May 29, 2007

Make That a Cheap Money Bubble To Go

Make That a Cheap Money Bubble To Go
"Tied to the Dollar, the Chinese Yuan fails to reflect China's surging economy - or so goes the theory. Either way, China's super-low interest rates remain well below inflation."
by Adrian Ash


Economic Caveat From a Galaxy Far, Far Away
"My thankless job, being sent here from a planet far, far away in another galaxy, is to deliver the message to humankind that…inflation in prices destroys economies as it makes prices too high for people to pay."
by The Mogambo Guru

No comments: