5.17.2011

Father of Zimbabwe's hyperinflation says Bernanke is out of control

You know you're friggin' nuts when Zimbabwe's Gideon Gono calls you out for printing too much friggin' money:
The huge budget deficits accumulated by the United States is [sic] leading to a resistance to relying on the U.S. dollars as a base currency, Gono said. The central bank chief warned that the U.S. greenback's days as the world's reserve currency are numbered, the New Zimbabwe report said.

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White House considering new tax-deferred accounts to encourage investing

CNBC : As part of a forthcoming package of proposed tax cuts, the White House is considering ways to incentivize U.S. households to invest...