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POPSCentral Banks At Risk Just Like Wall Street's Finest This really is a bucket of cold water. The author is Kenneth Rogoff, professor of economics and public policy at Harvard, writing in the U.K.'s Guardian newspaper. His core point is that central banks, in shoring up national banking industries by taking on financial firms' bad debt, are only putting themselves at risk.
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POPSPaulson Urges Stronger Fed Role On Wall St. Reiteration of the thrust of the Treasury's blueprint from earlier this year as Washington's tries to work out how to get out of the situation the Fed created by flooding the banks with lifeboat liquidity.
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POPSCommodities And The Fed The Econbrowser blog roots around the reasons for the commodities bubble and checks out where several blogs fall on the speculation vs fundamentals argument.
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POPSInflation Is Like Absinthe From a thoughtful speech by Fed Governor Richard Fisher on the challenges for monetary policy in a globalized economy and the importance of keeping inflation contained.