monetary


Is Russia Planning a Gold-Based Currency?

By Marcia Christoff-Kurapovna Mises.org February 6, 2015   Is Russia Planning a Gold-Based Currency?   The “perfect-storm” of geopolitical instability, diplomatic isolation, severe currency depreciation, and economic decline now confronting Russia has profoundly damaged Moscow’s international standing, and possibly for the long-term. Yet, it is precisely such conditions that may push the country’s leadership into […]

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Fed looks set to ease fairly soon barring swift rebound

Source: http://www.reuters.com By Pedro da Costa and Alister Bull (Reuters) – The Federal Reserve is likely to deliver another round of monetary stimulus “fairly soon” unless the economy improves considerably, minutes from the U.S. central bank’s latest meeting suggested. While the July 31-August 1 meeting occurred before some encouraging economic data, including a stronger-than-expected rise […]