Best of March 2008
Welcome to the Best of March 2008. Here you ll find the best articles, posts, tools, resources and news about money, finance and investing from the past month. News & Analysis New five dollar bill put into circulation The new five dollar bill entered circulation on March 13 ,2008. Opensecrets.org A guide to the money in U.S. elections. Want to know how much the 2008 presidential candidates have raised and spent so far? Open Secrets can tell you. Who says you can t buy an election? Top 10 c
Most think the Fed follows market expectations. Count me in that group as well. However, this creates what would appear at first glance to be a major paradox: If the Fed is simply following market expectations, can the Fed be to blame for the consequences? More pointedly, why isn’t the market to blame if the Fed is simply following market expectations? This is a very interesting theoretical question. While it’s true the Fed typically only does what is expected, those expectations become distort
The Battle Raging Between Inflation and Deflation
It is a “leveraged planet,” says the New York Times . It explains that an ounce of leverage in Manhattan is likely to turn into a pound of credit in Dubai… which could quite possibly fall as a ton of debt on someone’s head in Norway. Norwegian fishermen were surprised when they discovered that they were taking losses from US subprime mortgage debt. So were German dentists. But that’s just the way globalization works. We have nothing against it, but neither would we mind if there were less of