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Fred Sheehan

Fred Sheehan is a former Director of Asset Allocation Services at John Hancock Financial Services, and has worked in the financial markets for more than two decades.

In addition to Whiskey & Gunpowder, Fred has also written for Marc Faber's Gloom, Boom & Doom Report and Prudent Bear. He is the author of Panderer to Power, a biography about former Fed Chairman Alan Greenspan.

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How the United States Inflated the World

Nov 30th, 2009 | By | Category: Featured, Macro Economics
After the United States discarded the gold standard, the  dollar remained the worlds reserve currency. Trade around the world was still  conducted in dollars even though it had depreciated against most currencies.  This created havoc. Exporters to the United States received the depreciated  dollars for their goods. OPEC (the Organization ...read more

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Posted in Featured, Macro Economics | 3 comments