Monthly Archives: November 2010

Irish sovereignty (and Greek sovereignty, and Spanish sovereignty …)

Currency union requires the abandonment of a great deal more sovereignty than has so far taken place in the euro-area. They haven’t had to abandon sovereignty much yet because the zone has not significantly been tested till now. There is … Continue reading

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Gold

Breathe deeply: we are not headed for monetary chaos. We do not need to return to the gold standard. The story of money is one of evolution; the gold standard came along at a specific point in that journey. We … Continue reading

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Open-thinking.com in the EIU

The article is freely available on the EIU website.

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In praise of Bernanke, and a tutorial on money

From domestic critics to foreign governments, Ben Bernanke is taking heat for QE2. At the centre of domestic criticism is fear that the Federal Reserve’s endlessly growing balance sheet can only end in tears. Also unhappy areĀ US trade partners and … Continue reading

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