Each year in August, the Federal Reserve Bank of Kansas City brings world central bankers and top economists together to brainstorm about global finance.
US federal reserve
Banking does not have to bring the world to the brink of crisis. There are progressive alternatives to regulate banks better, but none will happen while repeated bank crises hold all of us hostage.
Once we start talking about "printing money," the danger is that misunderstandings about what money is get amplified. It is the belief that a colourful piece of paper has a certain value that matters.
The U.S. Fed's latest bubble looks set to grow in stocks and commodities. Commodities? You mean the natural resources that Canada's economy is so famous for? Yep. Here are some thoughts on a way out.