Bernanke receives standing-eight count
Christopher Galakoutis
Friday, June 6 2008 3:48 PM

It is becoming increasingly obvious to everyone that in the world of central bankers there is only one credibility champ.

Federal Reserve chief Ben Bernanke warned about the price pressures caused by a weak dollar and emphasized inflation concerns in a speech on Wednesday, sparking a dollar rally and many pats on the back.

No one in the mainstream media, to my knowledge, stopped to question why Bernanke, who in the past had deferred all comments about the dollar to the treasury dep...

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World food riots portend trouble for the US dollar
Christopher Galakoutis
Thursday, May 8 2008 12:01 AM

On a trip to Canada recently I couldn’t help but notice the extensive media coverage paid to the worldwide food price inflation, as well as the riots breaking out in many countries over food shortages.

And of course the list of reasons given by the so-called ‘economists’ interviewed are completely devoid of the one all important reason fueling what may arguably become an epic food price inflation:  the declining value of the US dollar.

Many countries around t...

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Gold sees right through 'strong dollar policy'
Christopher Galakoutis
Thursday, March 13 2008 12:01 AM

Imagine that, an entire economy built around the ability of the American consumer to borrow and spend money he can never conceivably pay back.  A consumer so gorged in debt that he eventually stops making payments on his mortgage, credit card...

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US money supply growth? Look to China
Christopher Galakoutis
Thursday, February 28 2008 12:01 AM

Like the earmark hidden so deep inside a new appropriations bill committee report that it takes a magnifying glass to find, so too the lengths we apparently need to go in figuring out the degree of money supply growth in the US. 

But...

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With Friends Like U.S. Who Needs Enemies?
Christopher Galakoutis
Friday, November 16 2007 12:01 AM
...p>I found Nicolas Sarkozy's speech last week before a joint session of Congress to be quite interesting and revealing. "Sarkozy l'Américain" put on a very moving address, to be sure, proclaiming his admiration and love for the U.S....

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