Those currency reserves must be somewhere, Mr President. White House

US shutdown opens the way for China in global currency markets

The US shutdown and the fractious struggles in Congress are symptomatic of a broader trend in American politics. In the aftermath of the global financial crisis, a new political landscape has emerged…
Anyone need a cash injection? Nick Ares

The regressive politics of quantitative easing

When financial markets stood on the verge of collapse in the summer of 2008, two of the world’s most important central banks, the US Federal Reserve and the Bank of England, began considering unorthodox…

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