Jesse's Café Américain

"Why is my language not clear to you? Because you are unable to hear what I say. You belong to your father, the devil, and you want to carry out your father’s desires. He was a murderer from the beginning, not holding to the truth, for there is no truth in him. When he lies, he speaks his native language, for he is a liar and the father of lies."
John 8:43-44

Showing posts with label Triffin's Dilemma. Show all posts
Showing posts with label Triffin's Dilemma. Show all posts
09 April 2015

Notes on the Currency War - 'Old as Babylon and Evil as Hell'

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Below is an excerpt from a much longer article which you can read in its entir...
07 January 2013

The Legacy of the Fed and the US Experiment with Fiat Currency In One Chart

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Please notice that the CPI really 'gets some legs' when Nixon closed the gold window and released the modern monetary theory from i...
14 April 2012

Joseph Stiglitz: Is Mercantilism Doomed to Fail? And With It the US Dollar?

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This is Joe Stiglitz' presentation at the INET conference in Berlin last week. He speaks about mercantilism, and I added the tagline ...
26 April 2011

Eisenbeis: What's A Central Bank To Do Besides Printing Money (And Pursue A Hidden Agenda?)

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I thought this was a fairly nice thumbnail sketch of the problem facing the world's central banks vis à vis the US dollar as reserve c...
09 October 2010

US Dollar: Long Term Trend and Triffin's Dilemma

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AEIR Triffin’s Dilemma, Reserve Currencies, and Gold By Walker Todd Nearly 50 years ago, Yale University economist Robert Triffin id...
15 September 2010

On the Edge of History: Will Europe Join in Promoting the SDR as the Global Reserve Currency?

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There is a tide in the affairs of men. Which, taken at the flood, leads on to fortune; Omitted, all the voyage of their life Is bound in sha...
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