Right in the mouth with this one. Glad I'm short on oil. [more]
"The Federal Reserve's aggressive monetary easing policies have actually helped boost emerging global economies more than the still-sluggish US, Pimco's Mohamed El-Erian told CNBC. [more]
How would interest rates be determined? How will money supply be determined? Who will print the money in the first place? Who will serve as lender of last resort. What if a systemic financial crisis happens again (which will happen given our wild west mentality on wall street), who will be the lender of last resort? [more]
Where is the money flowing to?