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There are certain names that echo down from the history of finance and economics. Adam Smith is one. Milton Friedman is another. So does the British economist John Maynard Keynes. Keynes’ was, and famously remains, an advocate of government deficit spending in a recession. It’s hard to imagine now how radical this position was in the decade before the ...
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The gold market has been holding significant gains since the start of the year, but the momentum behind the bullish drive has dried up as investors once again focus on the Federal Reserve’s monetary policy. The gold market has been consolidating around $2,350 an ounce for the last three weeks as the Federal Reserve signals a reluctance to start a new easing ...