Archive for March 3rd, 2015

Does Indian President even understand the new inflation targeting framework?

March 3, 2015

This is really the lousiest of all possible agreements. It looks like a leaked document of sorts.

After so much noise and hype, the least that was expected was a proper document on a government letterpad with seal. Instead of the finance secretary, the agreement should have been signed by the finance minister. After all it says finance ministry signs on behalf of the President of India which should have followed some protocols to show sincerity towards the cause. And then do Indian President and government officials know anything about this agreement?

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Is Japan Zimbabwe?

March 3, 2015

Axel Merk of Merk investments thinks so:

He actually thinks there is not much difference. It is a matter of time before Japan blows up:

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How do you spell Fed? (DUI – Driving under the influence..)

March 3, 2015

Prof. Burton Abrams of Univ of Delaware has a piece on this.

Alcohol is central to understanding central banking:

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When I was in college, people wanted to figure out cancer cure and by 1990s everyone wanted to be a hedge fund manager….

March 3, 2015

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Deflation bogeyman may be, but inflation bogeyman surely?

March 3, 2015

Martin Feldstein has a piece on the deflation bogeyman for western central banks.

Inflation rates have dipped because of low oil and commodity prices:

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