Economics and Investing:

GG sent us this New York Post article: Dollar loses reserve status to yen & euro

Fed’s Bullard warns on inflation, unemployment. (Thanks to GG for the link.)

Value of UK farmland could double in five years.

Jeff mentioned this piece at Zero Hedge: Why Did U.S. SDR Holdings Increase Five Fold in the Last Week of August?

Items from The Economatrix:

Weak Dollars, Strong Euro Combine to Create Eurozone Pain

Rogers Sure Gold to Hit $2,000, Dollar to Lose Reserve

Why Soaring Gold Prices Should Set Off Alarm Bells

Unintended consequences of deflation: Colorado Minimum Wage to Drop as Cost of Living Drops

CIT Groups Says CEO Peek Plans to Resign

Dollar Facing “Power Shift” Say Analysts

Central Banks Diversify Out of the Dollar

Goldman Sachs to Reveal $23 Billion in Bonuses

Wall Street Banks Brace for More Big Losses

Cash Machines Were Monitored Every Hour During 2008 Crisis

Commodities Boom Could Last 20 Years

Dollar Reaches Breaking Point as Banks Shift Reserves