Chinese monetary policy has the world seeing red

China's monetary policy of controlling the yuan could spell another global crisis, says the New York Times' Paul Krugman in a Jan. 21 op-ed.
Close up of a 100 yuan Chinese note.

Fed monetary stimulus struggles to fight out of liquidity trap

The Fed's monetary stimulus, known as quantitative easing, seeks to jump start the flagging economic recovery by avoiding a liquidity trap.
a mousetrap, baited with a wadded up dollar bill