Tag Archives: yen
What’s Up With Gold?
Amidst a backdrop of raging consumer price inflation something strange and unexpected is going on. The U.S. dollar has become more valuable. Not against goods and services. But against foreign currencies. Continue reading
What Is Really Backing the Dollar
Japan can’t seem to catch a break. In February, they notched their 20th straight monthly trade deficit. Like America, Japan now imports more than it exports. In other words, as a country, Japan grows poorer each month. This, alas, was … Continue reading
Programs to Control the Uncontrollable
Things are melting up – and melting down – the world over. What’s more, summer’s only just begun. While Americans were dreaming of block parties and beach bashes as they punched out for the Independence Day holiday Wednesday afternoon, Cairo … Continue reading
The Best Laid Schemes of Mice and Men
Japan can’t seem to catch a break. On Wednesday, for instance, Japan’s Finance Ministry reported that Japanese exports increased 6.4 percent to $51.2 billion in January from a year earlier. Unfortunately, imports rose even faster…climbing 7.3 percent to $68.6 billion. … Continue reading
