For the "Why am I Not Surprised?" Department: New Steel 5 Pence and 10 Pence Coins a Disaster. SurvivalBlog readers on this side of the Atlantic should still be stocking up on nickels, before a similar switch! (Hat tips to Tod P. and Tony B. for the link.)
A good one for USD Index watchers: Deflation Never Had a Chance
Michael Pento Says Fed Will Buy Stocks And Real Estate In Its Next Attempt To Create Inflation. (Thanks to Nick J. for the link.)
G.G. flagged this: No defence left against double-dip recession, says Nouriel Roubini
"SIG" spotted this piece by Egon Von Greyerz: Gold Entering a Virtuous Circle.
Items from The Economatrix:
The MOAB lives on (to the tune of another $50 Billion): White House Considering Emergency Economic Stimuli.
Future Hiring Will Mainly Benefit the High Skilled
Bernanke Losing Sleep Over This Dollar Graph?
Roubini: No Defense Left Against Double-Dip Recession
In Struggling Housing Market, Buyers and Sellers are Out of Sync
Bank Panic in Afghanistan
Stocks Fall as Worries About European Debt Return
AP Analysis: Economic Pain Failed to Ease in July
Post-holiday Pump Prices Should Slide