Buying dollars to stem their currencies rise?Selling euro to keep the dollar share of their portfolio constant as the value of their existing holdings of euro rises?Or selling dollars to try to reduc…

In a recent FT oped on China, Ken Rogoff had a great one-liner:"Those who think inflation is caused by too little pork rather than too much money are wrong."Replace pork - culturally inappropriate fo…

Unions in the American manufacturing sector used to have the bargaining power to secure a middle class wage for their members. Not any more. And no one else – apart from corporate CEOs, hedge fu…

Alan Greenspan says there is no national bubble, just pockets of local froth. Or to the housing sector’s in house economists, just a few healthy suds floating on top of a healthy market. Then again,…