Tags » Central Banks

It Begins: Council On Foreign Relations Proposes That "Central Banks Should Hand Consumers Cash Directly"

Shop Quality Ink at 1Ink.com! 100% Satisfaction Guarantee! Shop Now!

…………………………………………………………………………………………………………………………………………………….

- Ben Bernanke, Deflation: Making Sure “It” Doesn’t Happen Here, November 21, 2002… 4,360 more words

Economics

Janet Yellen's Fed is more revolutionary than Ben Bernanke's ever was

For a discipline that purports to measure whether people are better or worse off, economics produces an incredible amount of unhelpful data.

Oft-revised readings of annualized rates of GDP growth. 2,023 more words

mainly macro: Draghi at Jackson Hole - Simon Wren-Lewis

This is an excellent article from leading Oxford macro-economist, Simon Wren-Lewis.

mainly macro: Draghi at Jackson Hole.

Wren-Lewis takes a very hard look at… 280 more words

Politics

The end of the era of decisive central banks

Legend has it that when President Harry Truman grew tired of the indecisiveness of his economic advisers, he begged for a one-handed economist who wouldn’t analyze every policy proposal with “one the one hand . 644 more words

Finance

Fed's Charles Plosser on 'risky' policy, Yellen to Continue QE Unlimited, 0% Rates, Possible Hyperinflationary Collapse

http://www.cnbc.com/id/101938255

Plosser said that the Fed should not keep waiting to raise interest rates and instead should pursue a gradual increase. Under the current plan, the Fed could be forced to raise them “very quickly” in the future as a response to the strong economy. 256 more words

Financial

Work in Progress

Work in progress

There’s a disconcerting chill in the UK’s ‘summer’ weather and a chill in the global economy too. The all-pervasive central bank policy filter and the ebb and flow of geopolitical worries often blurs the impact of poor economic data. 1,104 more words

Deals & Financing

Central banks continuing to boost gold reserves

Source: MineWeb.com, by Shivom Seth

Given the crisis in Ukraine and deteriorating ties with the West, Russia has been aggressively accumulating gold reserves.

The IMF, in its recently released International Financial Statistics report, showed that the Russian central bank has hiked its gold holdings by 16.8 tonnes to 1,094.8 tonnes in June. 94 more words

REAL Money