The World Reserve: Its Beautiful When You’re On Top… Even When It’s Ugly 1

By Daniel McKay
The World Reserve: Its Beautiful When You're On Top... Even When It's Ugly
We might not realize it, but the US has it good. Anything we need we can get, we are the world’s reserve currency, so when times get rough – we are even more flush. There are three prevailing theories in economics regarding how to improve a weak economy. The first, is the theory that government ...

Quantitative Easing (QE) and QE3 / QE-4ever 6

By Daniel McKay
Quantitative Easing (QE) and QE3 / QE-4ever
Lets clear the smoke, what is Quantitative Easing (QE)? Quantitative easing is pretty much creating money to spend it. Nice eh? So what is this whole thing we hear about Quantitative Easing? Ben Bernanke (the Federal Reserve Chairman) recently announced that the central bank is going to launch a “new and improved” form of quantitative ...