Tags » Bundesbank

First they came for the 500 Euro note

Back on the 2nd of February I discussed a disturbing development in the world of monetary policy and central bank action.

The use of high-denomination notes, in particular the €500 note, is a problem reported by law enforcement authorities,” according to a draft of the plans seen by the Financial Times.

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General Economics

German economy expected to slow down in second quarter

AFP

© AFP/File | International demand for German goods had long kept the country largely insulated from external shocks including the slowdown in Chinese growth and other emerging markets as well as geopolitical tensions… 284 more words

Notes From Underground: The RBNZ Didn't LET IT BE. Will Mario Draghi Lean on the Taxman?

Two central banks announced interest rate decisions today: the Bank of Canada (BOC) and the Reserve Bank of New Zealand (RBNZ). The BOC left rates at 0.50% while the… 819 more words

ECB

Bundesbank-Präsiden: Blockchain ist eine Schlüsselinnovation

Bundesbank-Präsident Jens Weidmann möchte nicht, dass Bargeld abgeschafft wird, sieht aber bargeldloses Bezahlen im Aufschwung. Die Blockchain und Kryptowährungen wie Bitcoin spielen hierfür eine Schlüsselrolle. Denn sie sind günstig und vergleichsweise anonym. 416 more words

Deutsch

Euro Bond Crisis Returns As Germany Pushes Euro Sovereign Debt Bail-in Clause

By Mark O’Byrne – Re-Blogged From http://www.Silver-Phoenix500.com

European Banks holding European sovereign debt may have to take haircuts and be part of bail in plans should that same debt default, according to a plan being pursued by German government advisers. 817 more words

CRASH2: How Tricky Trichet and Devious Draghi transformed a slow horse into a dead donkey

Reasons 57-75 for Brexit….

IN THIS THE FINAL ESSAY IN THE SERIES, THE SLOG ANALYSES HOW & WHY THE EUROZONE’S MONETARIST CENTRAL BANKING POLICIES HAVE DESTROYED FAITH IN THE SAME WAY AS JAPAN, THE US & CHINA… 1,242 more words