Category: Central Banks
The analysis published under this category are as follows.
Wednesday, March 11, 2009
Greenspan the Architect of the Financial Crisis a Glutton For (His Own) Punishment / Politics / Central Banks
By: Brady_Willett
Why Greenspan continues to try and defend his deplorable record as Fed Chairman is unknown. What is known is that the once powerful Sir Alan has seen his reputation steadily deteriorate to a level not much higher than laughing-stock. Here is what Greenspan had to say in his most recent commentary: Read full article... Read full article...
Tuesday, March 10, 2009
Grand Illusion - The U.S. Federal Reserve Bank / Politics / Central Banks
By: James_Quinn
So if you think your life is complete confusion Because your neighbors got it made
Just remember that it's a Grand illusion
And deep inside we're all the same.
We're all the same...
Read full article... Read full article...
Monday, February 23, 2009
The Federal Reserve: Secretive And Incompetent Organization / Politics / Central Banks
By: Dr_Ron_Paul
This week the Federal Reserve responded to the American people's increased concerns over our monetary policy by presenting new initiatives aimed at enhancing the Fed's transparency and accountability. As someone who has called for more openness from the Fed for over 30 years, I was pleased to see the Fed acknowledge the legitimacy of this need.Read full article... Read full article...
Tuesday, December 02, 2008
U.S. Fed Monetizing Debt by Printing Money / Interest-Rates / Central Banks
By: Axel_Merk
Deflation won't happen here; at least not if Federal Reserve (Fed) Chairman's Ben Bernanke's plan pans out. Deflation is considered a persistent decline in prices of goods and services; in a speech in 2002 , Bernanke outlined the steps he would take if the U.S. ever faced the threat of deflation. Deflation is suffocating anyone holding debt as the debt burden becomes more difficult to finance with shrinking income; in contrast, inflation bails out those who have a lot of debt. In our assessment, fighting deflation is the Fed's top priority now; the latest minutes from the Fed's Open Market Committee (FOMC) meeting state: Read full article... Read full article...
Wednesday, October 29, 2008
Crooked Central Bank Plumbing the Depths of Depravity / Currencies / Central Banks
By: Rob_Kirby
First, for a bit of historical context, a little bit of fact-finding pertaining to Henry Paulson, complements of my friend, Jesse :
“I didn't know he was a member of the Nixon White House as his first 'real job.'
In 1970, fresh from the Masters program of the Harvard Business School , Paulson entered the Nixon administration, working first as staff assistant to the assistant secretary of defense.
Thursday, June 19, 2008
More Power for the Fed as the Central Bank Cooks the Books / Interest-Rates / Central Banks
By: Mike_Shedlock
Mercury news is reporting Administration calls for giving Fed more powers . Treasury Secretary Henry Paulson says the government must move quickly to give the Federal Reserve more powers to regulate the financial system. Paulson said today that the central bank's powers should be expanded in the wake of the near collapse earlier this year of Bear Stearns, the giant Wall Street investment firm.
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Tuesday, April 15, 2008
US Fed Responsible for the Credit Crisis / Politics / Central Banks
By: Dr_Ron_Paul
There has been a lot of talk in the news recently about the Federal Reserve and the actions it has taken over the past few months. Many media pundits have been bending over backwards to praise the Fed for supposedly restoring stability to the market. This interpretation of the Fed's actions couldn't be further from the truth. Read full article... Read full article...
Wednesday, April 09, 2008
Who Will Bail Out the US FED? / Stock-Markets / Central Banks
By: Alex_Wallenwein
Whoever believes that the most recent Fed/JP Morgan heist to acquire Bear Stearns, along with other simultaneous and preceding Fed actions, were ”successful” had better check again.
The current crisis is so severe, and it has already forced the Fed to reach into its own balance sheet grab-bag so deeply, that a very legitimate question arises, and the question is this: when the Fed ploughs all the way through its own balance sheet and gets to the bottom of the barrel, who will bail it out?
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Thursday, February 21, 2008
The US Fed IS Responsible for the Credit Crunch! / Stock-Markets / Central Banks
By: Mike_Whitney
It's Time to Dump the Federal Reserve - The credit storm which began in July when two Bear Stearns hedge funds were forced to liquidate, has continued to intensify and roil the markets. Last week the noose tightened around auction-rate securities,a little-known part of the market that requires short-term funding to set rates for long-term municipal bonds. The $330 billion ARS market has dried up overnight pushing up rates as high as 20% on some bonds---a new benchmark for short term debt. Auction-rate securities are now headed for extinction just like the other previously-vital parts of the structured finance paradigm. The $2 trillion market for collateralized debt obligations (CDOs), the multi-trillion dollar mortgage-backed securities market (MBSs) and the $1.3 asset-backed commercial paper (ABCP) market have all shut down draining a small ocean of capital from the financial system and pushing many of the banks and hedge funds closer to default. Read full article... Read full article...
Wednesday, January 30, 2008
Central Bank Hypocrisy - Fighting Inflation AND Debasing the Dollar / Currencies / Central Banks
By: Axel_Merk
Inflation targeting is yet to be formally adopted by the Federal Reserve (Fed), but recent market and Fed actions already prove that it is a failure. At the whim of trouble in the markets, Fed Chairman Bernanke has made it clear that he is inclined to flood the markets with liquidity at any cost; he said: “We stand ready to take substantive additional action as needed to support growth and to provide adequate insurance against downside risks.” Read full article... Read full article...
Thursday, September 20, 2007
Confidence in UK Central Bank Destroyed; Gold Hits 27-Year High Ahead of Fed Speech / Commodities / Central Banks
By: Adrian_Ash
SPOT GOLD PRICES touched $730 per ounce in London on Thursday – a 27-year high – as world stock markets slipped and the US Dollar sank.Read full article... Read full article...
Saturday, August 11, 2007
Central Bank Ponzi-Regimes to the Rescue of Financial Markets / Stock-Markets / Central Banks
By: Joseph_Russo
Kindly indulge us - as we pen this week's intro with the spirit and dark-humor of a Dennis Miller-like rant.
We cannot help but find it quite amusing that:
The titan institutions currently adhering to egregiously mutated paradigm-doctrines, handed down by their founding architects - the global cartel of central banks - (financial engineers of worthless marked-to-nothing fiat-paper) suddenly find themselves scrambling to affect “rescue” across a broad spectrum of over-bloated markets, from a systemically induced crisis of inevitability - spawned from the godfather of all Ponzi-schemes from which they preside.
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