America (and other economies) have been enjoying a very different sort of wealth creation: the Fed is in effect printing it.

ECONOMIST: The American economy

Another pernicious effect from the printing presses running overtime is inflation.

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The more foreign capital that flows in, the more dollars the central bank must buy to hold down the yuan, which, in effect, means printing money.

ECONOMIST: Capital inflows to China

By shooting with a moving camera and printing every third frame, he achieves a staccato effect as if the camera were a machine gun.

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The early benefits of the 1991 convertibility law, which established the currency board and, in effect, prevented the central bank from printing money, had been substantial.

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Instead, it may use its September meeting to announce another round of quantitative easing, or printing money to buy assets, in the hope of achieving a similar effect.

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In effect, countries will be borrowing in a foreign currency without control of the printing presses.

ECONOMIST: Financial markets and the euro

In addition, airlines and airports that use automated kiosks for services such as printing boarding passes and baggage tags would have to ensure that any kiosk ordered 60 days after the rule takes effect is accessible.

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