Posts Tagged ‘ the Euro ’

First We Conquer Iceland

Mar 7th, 2012 | By | Category: Featured, International, Macro Economics, Politics
The law of unintended consequences states that actions, especially governmental ones, always have unintended and unpredictable effects. These unanticipated effects can be far more powerful than the planned ones. Thus, economists often use this law as a warning to politicians that policies commonly 'achieve' the opposite of their intentions. For ...read more

Tags: , , , , , ,
Posted in Featured, International, Macro Economics, Politics | 3 comments


Problems with the Euro

Jul 24th, 2008 | By | Category: Currencies
In the last year, the euro has decisively outperformed the dollar and the pound. Some commentators have argued that this means that the euro is the currency of the future, and that the dollar has been relegated to second place. However, there are problems about this argument. The United States is ...read more

Tags: , , , ,
Posted in Currencies | 1 Comment »


Dollar Hedge

Mar 17th, 2008 | By | Category: Currencies
I’M SURE BY NOW YOU ARE WELL aware of the tear that most commodities have been on thus far in 2008. But last week was particularly worth noting. As you know, gold hit $1,000 per ounce. $1,000 is merely a psychological number, but it is very impressive, nonetheless. Gold isn’t the ...read more

Tags: , , ,
Posted in Currencies | No Comments »


The Dollar’s Continued Fall

Mar 7th, 2008 | By | Category: Commodities, Currencies
“Those who oppose reform may get revolution.” — John F. Kennedy, speaking of Latin America in 1962 THE EURO HIT FRESH ALL-TIME HIGHS VERSUS THE DOLLAR already this month — and we’re only one trading week in. So might U.S. investors want to switch out of gold bullion ahead of Easter this year ...read more

Tags: , , ,
Posted in Commodities, Currencies | No Comments »