BEIJING, Sept 12- Chinese banks made 702.5 billion yuan of new loans in August, data showed on Friday, picking up from an abrupt drop in the previous month as the government keeps up modest policy support for the economy.» Read More
Bank of Japan Governor Haruhiko Kuroda said the central bank will seek to push down yields across the curve by purchasing longer-dated government bonds, underscoring its resolve to aggressively beat deflation.
Tony Nash, Managing Director at IHS, says Japan has been getting a lot of pressure from other developed countries from its recent monetary easing.
While experts recommend tracking expenses to rein in unbridled spending, it is possible to build a nest egg without accounting for every penny. Start by having your paycheck deposited into a master account, from which all big payments are auto-debited.
Look for a huge corporate spin-off, a major apparel merger, rock bottom bond yields, hedge fund failures and an election defeat for President Obama.
With fiscal instability plaguing the U.S. and Europe, some want a return to the past and a restraint on money supply.
What were some of the worst inflation situations in history and how did they come to be? Click to find out!