The Dolorous Dollar and the U.S. Account Deficit

September 30, 2007

Seeing as I’m currently taking business economics, statistics, etc., it seems only right to start back with a post on U.S. monetary policy and how it is affecting the U.S.-Sino relationship. I’m a beginner at this, but will give it my best shot.

As you know, last week the Federal Reserve cut the Fed funds rate by 50 basis points, to 4.75%. The move was unexpected — observers expected a cut half that size, or none at all, but very few saw this coming. China, in particular, must have felt like it was blind-sided. Read the rest of this entry »

1 Comment | China, China Threat, Currency, Debt, Foreign Direct Investment, Trade | Permalink
Posted by Ben Landy

Live From Chicago

September 23, 2007

I’m back after a summer full of fun and adventure. I just recently started my first year at the University of Chicago Graduate School of Business. It’s a lot of fun to be back in school, and I think the next two years will be a blast.

During that time, I am hoping to blog daily. Given the demands of the program, we’ll see what happens.  I will try to my best!

No Comments » | China | Permalink
Posted by Ben Landy