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Descent of the Global Monetary System

Tom Spencer

In the long run, it would seem fairer to base the global monetary system on an asset that is not produced exclusively by any one nation and which people are generally willing to accept as valuable. Bretton Woods System: 1944 – 1971. The Bretton Woods System created a kind of monetary discipline.

System 88
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Consultant Ninja: A Simple Question about the Credit Markets.

Consultant Ninja

A Simple Question about the Credit Markets. Heres my understanding of the current TARP/TARPII/PPIP/etc plans: The major "sick" banks wont lend to businesses, because their balance sheets are tied up with bad assets that they cant sell. But wouldnt that be a better market result than letting the sick banks keep their share?

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Two-Week Price Inflation in Argentina hits 30%, US Products Lead the Way; Currency Devaluations Hit P&G Earnings

MishTalk

Forbes explains Venezuela, Argentina Currency Devaluations Hit P&G Expected Sales And Earnings. Retail investors aren’t the only ones suffering from the woes of the emerging markets: Procter & Gamble PG +2.06% is feeling the pain of foreign currencies, too. Two-liter bottles of water rose from $8.25 bolivares per one U.S.

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How the Great Recession Changed Banking

Harvard Business

The market panicked. It may feel as though the financial system hasn’t changed much in the decade since the downturn, but it has. Most of the regulation was meant to safeguard the financial system, and the taxpayers who had to bail it out, from another crisis. HBR Staff/CSA Plastock/Getty Images. mortgage-related funds.

Banking 28
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Getting Your Deal Done

Martinka Consulting

You may think it sexy to make something but if you’re a sales type with no manufacturing experience it’s probably a road to disaster. Have a strong balance sheet. I recently saw a business for sale and on the surface it looked great, with $1 million of earnings. I’ll know it when I see it doesn’t work. Yep, the seller.

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Monetarists Accuse ECB of "Dangerous Game of Chicken"; The REAL Dangerous Game

MishTalk

The eurozone is doing so by accident, letting market forces drain liquidity from the financial system for month after month. The ECB balance sheet has plummeted to 23pc of eurozone GDP from a peak of 32pc in July 2012. Retail sales fell 1.6pc in December, the biggest drop for two-and-a-half years.

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6 Reasons Inflation is Higher than You Think

Tom Spencer

Some market commentators saw this coming, and those same players predict that higher inflation will persist. This is already impacting home sales, and Fannie Mae forecasts home sales will fall for the next 2 years. Inflation in America is currently running hot, with the official rate hitting 6.2%