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Detail
ArtikelThe Fed's Big Dollar Gamble  
Oleh: Sloan, Allan
Jenis: Article from Bulletin/Magazine
Dalam koleksi: Fortune vol. 167 no. 02 (Feb. 2013), page 11-12.
Topik: Low Interest Rate Policy; the Federal Reserve; Economic-stimulus Policies
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: FF16
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
    Lihat Detail Induk
Isi artikelBen Bernanke's low interest rate policy has driven down the dollar. America's trading partners aren't happy. What do Rogaine and the Federal Reserve's economic-stimulus policies have in common? No, it doesn't involve Ben Bernanke's or Alan Greenspan's hairlines. Give up? The answer: side effects. Rogaine, as you may know, was originally developed as a blood pressure medication but was "repurposed" because it had the side effect of promoting hair growth. The two Fed side effects we'll discuss today -- prospective currency wars with some major trading partners, and a reduction in the federal budget deficit -- are far less known than Rogaine's. But, with all due respect to follicularly challenged males, they're a lot more important.
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