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Excellent reminder article on why deflation remains the dominant force today in the world economy notwithstanding a fire hose of central bank liquidity. A perfect vortex of deflationary factors presently at work include the debt overhang weighing down disposable income … Continue reading →

As worries surface about the Federal Reserve reining in its current stimulus, CNBC’s Christine Tan spoke exclusively with Paul Volcker, former Fed chairman, about stagflation and risky trading in the U.S. Volcker was the last adult to serve with a … Continue reading →

The Times’s Louise Story talks to Thomas Hoenig, the vice chairman of the Federal Deposit Insurance Corporation, who says he is not alone in calling for a breakup of banks too large to regulate.Here is a direct video link.