Tags » Thomas Jordan

Swiss National Bank On The Defensive At Jackson Hole

A James Alexander post

Although it appeared that the VSPs gathered in Jackson Hole could only worry about non-existent inflation, I detected a defensiveness too. There were several considerations of alternative policies, in particular a higher, or more flexible, inflation target. 659 more words

Monetary Policy

Notes From Underground: When China Shakes, the West Rattles and Rolls

Mao, Deng and Xi, oh my! It seems whenever China releases economic data, the U.S. markets and its developed market cousins either go into an orgasmic paroxysm or a spasm of pain. 782 more words


La sovranità monetaria spiegata dagli svizzeri

The Walking Debt (23/2/15) – Aspettavo con una certa curiosità di rileggere Thomas Jordan, chairman del board della banca centrale svizzera, dopo la decisione del 15 gennaio con la quale l’autorità monetaria ha annunciato che non avrebbe più difeso il regime di cambio con l’euro, fissato anni fa a 1,20 franchi. 1,319 more words


Sherman’s March, February 13, 1865: Federals advancing towards the Congaree

Having gained bridgeheads over the North Fork of the Edisto River on February 12, 1865, Major-General William T. Sherman’s orders for February 13 were to complete crossing of that stream and push on towards the Congaree River. 743 more words

American Civil War

Jordan the Trickster

When I think back to the surprise move by Thomas Jordan the Governor of the Swiss National Bank on the 15th January, where he unpegged the 3yr old peg of the Swiss Franc and the Euro, I am reminded of the mythological symbol of the “Trickster”. 1,267 more words


Notes From Underground: Interest Rates In Limbo (Or, How Low Can You Go)?

Today it was the Danish Central Bank that lowered its interest rates in order to prevent the markets from trying to break the Danish KRONER/EURO… 824 more words


Friedrich List Weighs in on Swiss Franc-Euro Decoupling

Jan. 15, 2015 (EIRNS) — Briefed on the Swiss decision today to
decouple the national currency from the euro, Friedrich List had
the following to say: 231 more words

Glass Steagall