Below you'll find a list of all posts that have been tagged as “Central bank”
Gerald Celente takes a deep dive into the news of recent days, especially the self-destructing Donald Trump and ever present war drums pounding in the background of the Presidential Reality Show. He updates listeners on critical economic trends, as well. Despite high expectations that the Bank of Japan would stimulate its nation’s foundering economy by driving interest rates further into …
This week began with a debate in Greek Parliament called by the Official Opposition (the troika’s main, but not only, domestic cheerleaders) for the purposes of, eventually, indicting me for daring to counter the troika while minister of finance in the first six months of 2015. The troika who had staged a bank run before I moved into the ministry, who had threatened me …
You are about to see a chart that is undeniable evidence that we have already entered a major economic slowdown. In the “real economy”, stuff is bought and sold and shipped around the country by trucks, railroads and planes. When more stuff is being bought and sold and shipped around the country, the “real economy” is growing, and when less …
Well, that didn’t take long. Earlier today when we reported the stunning news that DB has decided to “turn” against the precious metals manipulation cartel by first settling a long-running silver price fixing lawsuit which in addition to “valuable monetary consideration” said it would expose the other banks’ rigging having also “agreed to provide cooperation to plaintiffs, including the production of instant …
With every passing day, the Fed is slowly but surely losing the game. Only it is not just former (and in some cases current) Fed presidents admitting central banks are increasingly powerless to boost the global economy, even if they still have sway over capital markets. What is far more insidious to the Fed’s waning credibility is when former economists affiliated …
The health food chain Tossed has just opened the UK’s first cashless cafe. It’s another step towards the death of cash. This is nothing new. Money is tech. The casting of coins made shells, whales’ teeth and other such primitive forms of money redundant. The printing press did the same for precious metals: we started using paper notes instead. Electronic banking …
As I pointed out in this post, conservative elites have completely lost their minds. But liberal elites have problems as well. The problem is more complex with liberals, and it will take several posts of reasonable length to get into it. To make things concrete, I’m going to begin with the liberal approach to trade, which gives me an opportunity to …
European honeybees are being poisoned with up to 57 different pesticides, according to new research published in the Journal of Chromatography A. A new method for detecting a whole range of pesticides in bees could help unravel the mystery behind the widespread decline of honeybees in recent years, and help develop an approach to saving them. Honeybees are under threat globally: …
Finance ministers and central bankers from the world’s biggest economies met in Shanghai, China over the weekend to discuss many of the problems for which they alone are responsible. Leading the list of issues, was the steady deceleration in global growth which, to great extent, is the result of experimental monetary policies central banks implemented following the recession in 2009. …
The political crisis in America is severe. The old ideas that buttressed the ruling class and promised democracy, growth and prosperity—neoliberalism, austerity, globalization, endless war, a dependence on fossil fuel and unregulated capitalism—have been exposed as fictions used by the corporate elite to impoverish and enslave the country and enrich and empower themselves. Sixty-two billionaires have as much wealth as …
