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Posts Tagged ‘mortgage’

Strictly Monetary Part III: The Game of International Reserves

In Financial, Strictly Monetary: A Series on January 30, 2011 at 10:31 AM

Parts one and two covered the essentials about monetary systems and how we control them. But with exponential increases in the speed and amount of international trade, suddenly there is very little separating monetary policy from political games.

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On the Fence

In Criticism, Financial, Fresh on October 19, 2010 at 1:22 PM

First, click on this and read the headline.

Then, click on this one.

The same newspaper on the same date, the same source for the article, roughly the same content – yet two distinct headlines. This, from the leading business newspaper in Canada. In one of the articles, it goes on to explain that the buy/rent ratio is probably not even that meaningful, and difficult to compare over time since rent controls affect how much rents can go up while housing remains in a free market.

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