Friday, 1 February 2019

Return of the Ever-Wrongs

@TBPInvictus here: As the Fed was battling the after effects of the Great Financial Crisis, a group of finance types wrote an open letter to Fed chair Ben Bernanke (November 15, 2010). They urged the Fed Chair to discontinue the Bank’s “quantitative easing” (QE) plan, warning: “We believe the Federal Reserve’s large-scale asset purchase plan (so-called…

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Why has the UAE left Opec - and why does this matter?

The United Arab Emirates (UAE) is quitting oil cartel Opec after nearly 60 years of membership. from BBC News https://ift.tt/YtivPD0