Tags » Central Banks

The Hard Sell

“Mnuchin warns of equities fall without tax reforms”

One of the commenters says it best: “This is the hard sell on tax reform??”

This is just the latest example of how financial market performance has turned from output to input for policymakers in recent years. 439 more words

Finance

President Donald Trump is nearing a decision on whom to pick to lead the Federal Reserve

Fed Chair Janet Yellen`s job is coming to an end. She took over the job from Ben Bernanke who started to «print» money. Four years is over and President Donald Trump have a few but strong candidates on his table. 858 more words

Italian president defends central bank governor

Italy’s president on Tuesday made a rare intervention to defend the country’s central bank chief after the ruling Democratic Party (PD) criticised Ignazio Visco, whose mandate expires in less than two weeks. 177 more words

Reuters

Gold Rush- Episode of Russia

“The Central Bank of Russia has recently been buying bullion at an unprecedented pace. According to Argentine financial expert Gabriel Rubinstein, this policy is aimed at protecting the Russian economy in the event of crisis situations, including against dollar-related manipulations by the US.  129 more words

oftwominds-Charles Hugh Smith: The Endgame of Financialization: Stealth Nationalization

Now do you see why the those two ‘nut jobs’ Ron and Rand Paul want to end the Fed?

https://charleshughsmith.blogspot.rs/2017/10/the-endgame-of-financialization-stealth.html

As you no doubt know, central banks don’t actually print money and toss it out of helicopters; they create a digital liability and use this new currency to buy assets such as bonds and stocks.  150 more words

The Demise Of Dollar Diplomacy?

Pundits have been saying last rites for the dollar’s global dominance since the 1960s – that is, for more than half a century now. But the pundits may finally be right, because the greenback’s dominance has been sustained by geopolitical alliances that are now fraying badly.

Read Here – Project Syndicate

United States