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Hayek realised: The Rise Of Bitcoin
http://thebackbencher.co.uk/hayek-realised-the-rise-of-bitco...
Submitted by DRiSK
4 weeks, 19 hours ago
"...Could this be Hayek’s ideas in practice? The European Central Bank certainly seems to think so, citing the Austrian school of economics as “the theoretical roots of Bitcoin” in a report of October last year..."
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Why the AUD wouldn't go down
http://www.fnarena.com/index2.cfm?type=dsp_newsitem&n=004A72...
Submitted by cij
7 months, 1 week, 5 days, 21 hours ago
A very interesting explanation why the AUD has defied gravity for so long.
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China buying oil from Iran with yuan
Another nail in the coffin for the US dollar.
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Cost to Make Penny and Nickel Rises, Annual Loss Reaches $116.7 Million
http://news.coinupdate.com/cost-to-make-penny-and-nickel-ris...
Submitted by DRiSK
16 months, 2 weeks, 1 day, 6 hours ago
The cost for the United States Mint to produce and distribute the cent and nickel rose to their highest levels, and are now more than double the respective face values
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Debt spectre looms large in Australia
http://www.theaustralian.com.au/business/financial-services/...
Submitted by cij
19 months, 2 weeks, 2 days, 10 hours ago
"We may be about to see significant moves in the Australian currency and interest rates -- and perhaps not a little stress on the local banks."
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Pippa Malmgren | September 2011 Policy & Markets
Latest financial market rumour: In the days and weeks to come, Germany is going to pull out of Euro and has already ordered the printing of Deutschmarks.
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Effects of US downgrade roll on
http://www.smh.com.au/business/markets/effects-of-us-downgra...
Submitted by cij
21 months, 2 weeks, 3 days, 6 hours ago
The more prudent Germans and French may face a downgrade of their credit ratings if they bail out Italy and Spain.
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China can break free of the dollar trap
http://www.ft.com/intl/cms/s/0/2189faa2-bec6-11e0-a36b-00144...
Submitted by cij
21 months, 3 weeks, 2 hours ago
Yu Yongding, former member of the monetary policy committee of the Chinese central bank, argues that China should let the RMB float.
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EMU Shocks Are Becoming More Frequent
http://www.fnarena.com/index2.cfm?type=dsp_newsitem&n=20B634...
Submitted by cij
22 months, 2 weeks, 23 hours ago
"The coming three months are thus likely to be very important to the euro's survival. Simply put, the market is increasingly indicating that it is losing patience with policymakers' attempts at fudging answers."
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Central banks buy up Australian dollar bonds
http://www.theaustralian.com.au/business/markets/central-ban...
Submitted by cij
23 months, 1 week, 1 day, 8 hours ago
Even foreign central banks are plying into the AUD.
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