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Economy - International

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arclein

On Monday yet another big country adopted Crow’s strategy of a 2% target for inflation, this time Japan. The U.S., the biggest convert of all, came over last year. Truth be told, we weren’t the first to adopt inflation targeting as a central bank str

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Reason magazine

American progressives are fond of gazing across the pond at Europe and wishing the U.S. would emulate it. So as soon as President Obama started announcing from all reaches of the country that Congress "must" eliminate the debt ceiling, progressive ch

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The Daily Bell

In Switzerland, it's not just the clocks that are cuckoo. Over the past four years Swiss politicians and central bankers have gone on an unprecedented buying spree of foreign exchange reserves

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The Atlantic Wire

There are cash-strapped governments and there are broke governments. And then there's Zimbabwe, which, after paying last week's government salaries, has just $217 left in the bank. [a surplus!!!!]

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http://chrisinmaryville.net/

Iceland President Olafur Ragnar Grimsson tells Al Jazeera’s Stephen Cole that Europe should let banks that are ran “irresponsibly” go bankrupt. Speaking at the annual World Economic Forum in Davos, Grimsson also held his country as a model of economi

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