A deadline was once a tangible thing. During the American Civil War, soldiers told captives that if they strayed beyond a certain distance from the prison camp, they would be shot. 663 more words
Tags » Christian Noyer
MONTREAL — The governor of the Bank of France said a lengthening the work week and other changes are needed to restore the competitiveness of European economies. 140 more words
Are we living in Normal Land or Fools’ Paradise? Let us ask some central bankers. We can’t ask politicians. None of them have the years of experience nor any time during the day to devote to studying the money basis of our present-day economic system. 385 more words
NY Fed Slams Deutsche Bank (And Its €55 Trillion In Derivatives): Accuses It Of "Significant Operational Risk"
My sense of this is that it might be payback for the fact that Germany is leaving NATO and moving to join BRICs. . . Does anyone have any other ideas? 809 more words
There are few fights less dramatic than one launched over the drab subject of macroeconomic policy. But even if the latest infighting and backbiting between rival camps at the European Central Bank isn’t all that thrilling, it is significant. 498 more words