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looking beyond borders

foreign policy and global economy

Archive for the tag “rates”

The U.S. Federal Reserve Has A Huge Problem

The Federal Reserve’s old moniker of “lender of last resort” is no longer relevant. Its policy of holding its federal funds rate above levels seen anywhere else in the developed world and borrowing near these rates has made it the “borrower of first resort.” This is problematic.

Read Here – The National Interest

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Welcome To The Brave New Multi-Polar World

It’s a story about the tail that wagged the dog that didn’t bark that isn’t in Kansas anymore. The dog that didn’t bark is commodity prices, and the tail that wagged is the Chinese yuan.

Read Here – Asia Times

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