Elsewhere on Monday,
- Queasing over quantitative easing.
- “The Spanish government has been increasingly resorting to the social security reserve fund to buy its bonds.”
- Why QE is likely to trigger a collapse of the US dollar.
- Dysfunctional Oregon.
- The high odds of trade war.
- The Taylor rule and the bond bubble.
- Felix Salmon on why Treasury briefings are off the record.
- But is he missing the issue?
- Further, further reading.