Who determines the global reserve currency?
Recently, representatives of China and Brazil have suggested that either the Renimbi, the Brazilian Real, or some new currency backed by the IMF be used to substitute the dollar. […]
Recently, representatives of China and Brazil have suggested that either the Renimbi, the Brazilian Real, or some new currency backed by the IMF be used to substitute the dollar. […]
The unprecedented amounts of “stimulus spending” which the Obama administration has requested and the Pelosi-Reid Congress has authorized, are expected to eventually lead to higher inflation and increased tax burdens for years to come. […]
Every since markets have existed, many have noted that people tend to go in the same direction at the same time — like schools of fish. This is the basic thought behind “technical analysis” and “chart reading” in stock and futures markets. It is also the idea supporting the concept of covariance in Modern […]