Obama Says Financial Regulations Must Be Strengthened Globally
President Barack Obama said tougher financial regulations are needed worldwide to protect consumers, provide economic stability and prevent future crises.
The International Monetary Fund said its executive board endorsed the sale of 403 tons of gold, worth an estimated 13 billion dollars, to boost its lending capacity to poor countries.
• 2 Nobel Economists Confirm that Credit is NOT Created Out of Excess Reserves
• Negative Interest Rates