Tagged: Currencies

Bernanke has no idea where half a trillion dollars went

Bernanke has no idea where half a trillion dollars went

This is Ben Bernanke saying he has no idea where $500 Billion went after they were swap against Euro. Bernanke also failed to tell why the dollar exchange rates changed by 20% during the...

Why Treasury Yields went down when US was downgraded ?

Why Treasury Yields went down when US was downgraded ?

This was a phenomenon which one hardly sees in his lifetime. When US was downgraded from triple A rating to AA+ by S&P on 8 Aug 2011, it was thought US Treasury yields would...

All Bernanke only knows is printing money: Jim Rogers

All Bernanke only knows is printing money: Jim Rogers

Jim Rogers, in an interview with CNBC, tells how US debts are no more sustainable. Here are some important points he made in the interview: *Jim says all Bernanke know is printing money. *He...

LIBOR RATES FOR VARIOUS CURRENCIES

LIBOR, or the London Interbank Offered Rate, is the average interest rate between banks in the London interbank market. LIBOR is a widely used short-term interest rate benchmark since it is designed to reflect...

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