Tags » Central Banks

We have no money so central banks give more money to banks

It’s unanimous! The European Central Bank confirms that the only possible solution to falling wages and depressed spending is to throw more money at the banks and inflate another stock-market bubble. 1,280 more words

Economics

Norman Pilon reblogged this on Taking Sides.

RED ALERT! Canada's Yield Curve is Inverting

The yield curve in Canada shows signs of inverting. We need to watch this carefully as it is a strong indicator that we are heading towards a recession. 921 more words

Banking And Finance

Russia's Central Bank Unexpectedly Slashes Rate To 15%, Ruble Reels

The Russian Central Bank has cut its key interest rate to 15 percent from 17 percent due to the ‘shift in the balance of risks of accelerated consumer price growth and cooling economy,’ according to a statement from the regulator. 434 more words

Emerging Markets

[278] Grexit’s still possible and central banks aren’t doing real QE

Boom Bust

On Sunday, Greek voters handed power to the anti-austerity Syriza party, whose main “objective” is overhauling the bitter economic reforms’ that Greece has had to suffer through since the recession. 190 more words

Financial/Societal Collapse And Dependence

How QE works

Various commentators are saying that Europe’s QE won’t work, or QE in general doesn’t work because it just boosts the value of assets. Increasing the reserves of banks, critics say, doesn’t cause banks to lend money to the real economy. 166 more words

Economics And Moral Philosophy

Opinion - Banks accused of being 'fundamentally corrupt' after they sold useless card insurance to two million customers  | Daily Mail Online - John Gelmini

View image | gettyimages.com

View image | gettyimages.com

The people that own the banks are more powerful than any Government, so any laws designed to control them will always be flouted by the banks or will be designed with loopholes which the public will not know about until it is too late. 283 more words

Politics

We have no money so central banks give more money to banks

It’s unanimous! The European Central Bank confirms that the only possible solution to falling wages and depressed spending is to throw more money at the banks and inflate another stock-market bubble. 1,280 more words

Economics