The yen's current weakness benefits the economy and the hit to households from rising import costs can be offset by ...
The S&P 500 climbed 0.6% Wednesday, a day after snapping a seven-day winning streak, and set its latest all-time high. The ...
Shares dip; RBNZ drops rates to 2.5pc in jumbo cut; gold breaks through $US4000 per ounce barrier; Apiam fires after Adamantem completes due diligence. Follow live.
This cycle exploded after the U.S. ditched the gold standard in the 1970s. With no cap on money printing, governments could print more to spend more—feeding inflation and ballooning debt.