Tags » Central Banks

Central banks have hatched a get-rich-quick scheme for companies in an attempt to avoid a slowdown

In the UK and Europe, central banks are taking increasingly desperate steps to revive their slow-growing economies. It used to be that when central banks wanted to boost growth they had to play the long game: they cut interest rates so that the yield on safe government bonds fell, prompting banks and other investors to buy riskier assets, such as company debt, making it cheaper for companies to borrow, giving them more money to spend on new equipment, offices, hiring and the like. 494 more words

Banks to issue new digital currency? August 22nd, 2016

UBS, Deutsche Bank, Santander and BNY Mellon are reportedly coming together in an effort to create and launch a new digital currency. They are reportedly already pitching the idea to central banks and aiming for an early 2018 commercial launch. 108 more words
Blockchain

The Legend of the Oogy-Mi-Booli Tribe

Before glaciers covered all the lands, there lived a tribe of rather primitive people, the Oogy-Mi-Booli. They occupied the forested region bordering the mountain steppes of what is now Lower Slobbovia. 1,128 more words

Economy

You can now be friends with the Federal Reserve on Facebook

Facebook already has 1.7 billion active users but today it gained an influential new friend. The Federal Reserve has joined the 21st century and created a Facebook page… 215 more words

The Public Pension Black Hole

“It’s not what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so!” – Mark Twain

The beauty of pension accounting is that slight tweaks can make a large unfunded liability… 84 more words

America

Central Banks Are Choking Productivity

Source: by Peter Schiff, EuroPacific Capital

If the Economy were a car, productivity would be the engine. Heated seats, on-demand 4-wheel drive and light-sensitive tinted windshields, are all very nice. 634 more words

Financial/Societal Collapse And Dependence

What's Driving the Market?

By David Nelson, CFA

In the face of so-so data and an economic pulse that looks more like an EKG going into cardiac arrest investors want to know… 658 more words

David Nelson