Home » Posts tagged 'bank of england' (Page 3)
Tag Archives: bank of england
Central Banking: It’s Alive!!
CENTRAL BANKING: IT’S ALIVE!! In his recent posting on Linked In, entitled, ‘The death of macro-prudential’, Stuart Trow of the EBRD delivered a well-aimed broadside at the pitiable conduct of the Bank of England and elaborated on some of the malign consequences of its catalogue of errors. Without wishing to single him out unduly for […]
The Relevance of Hayek’s Triangle Today
THE RELEVANCE OF HAYEK’S TRIANGLE TODAY Most of us are aware of the inflationary pressures in the major economies, that so far are proving somewhat latent in the non-financial sector. But some central banks are on the alert as well, notably the Federal Reserve Board, which has taken the lead in trying to normalise interest […]
The Central Bank Bubble: It Will Be Ugly
The Central Bank Bubble: It Will Be Ugly 21 Mar The global economy has been living through a period of central bank insanity, thanks to a little-understood expansion strategy known as quantitative easing, which has destroyed main-street and benefitted wall street. Central Banks over the last decade simply created credit out of thin air. Snap […]
Latest Wealth Data Shows Disproportionate Gains to the Rich During Era of QE
LATEST WEALTH DATA SHOWS DISPROPORTIONATE GAINS TO THE RICH DURING ERA OF QE Analysts will be watching the Bank of England closely this Thursday for any hints about its plans to raise interest rates. But despite rumours of further hikes, it’s worth remembering that we’re still living in an unprecedented era for monetary policy. Interest […]
Soros – One of the Greatest Threats Against Society?
Soros – One of the Greatest Threats Against Society? It is no secret that I have no respect for George Soros and that is aside from the fact that we would often be on opposite sides of the market. I never saw Soros as a great trader. Even the reputation that he broke the Bank […]
Bank Of England Warns The UK: ‘Economic Collapse’ If UK Keeps Borrowing Money
Bank Of England Warns The UK: ‘Economic Collapse’ If UK Keeps Borrowing Money The Bank of England is putting the United Kingdom on alert. Should the UK keep borrowing money, there will be a “Venezuela-style” economic collapse that will devastate normal citizens. A senior Bank official has warned that the UK’s economy would be unlikely to […]
Mark Carney Forced To Explain Surge In UK Inflation To Highest In Almost 6 Years
Mark Carney Forced To Explain Surge In UK Inflation To Highest In Almost 6 Years The market expected Mark Carney to avoid it but it was just not meant to be. The BoE Governor will suffer the ignominy of a bizarre tradition of having to write a letter to the Chancellor of the Exchequer explaining […]
700 Years Of Data Suggests The Reversal In Rates Will Be Rapid
700 Years Of Data Suggests The Reversal In Rates Will Be Rapid Have we been lulled into a false sense of security about the future path of rates by ZIRP/NIRP policies? Central banks’ misguided efforts to engineer inflation have undoubtedly been woefully feeble, so far. As the Federal Reserve “valiantly” raises short rates, markets ignore […]
Bank Of England Hikes Rates By 25bps In 7-2 Vote; First Increase In A Decade; Pound Plunges
Bank Of England Hikes Rates By 25bps In 7-2 Vote; First Increase In A Decade; Pound Plunges Over ten years since the last rate hike by the Bank of England in July 2007 (when incidentally, cable was trading above $2.00), and following years of market expectations of an imminent rate hike that failed to materialize… […]
The Upcoming Increase in Interest Rates
THE UPCOMING INCREASE IN INTEREST RATES Last week, both Janet Yellen of the Fed and Mark Carney of the Bank of England prepared financial markets for interest rate increases. The working assumption should be that this was coordinated, and that both the ECB and the Bank of Japan must be considering similar moves. Central banks […]
Gold Standard Resulted In “Fewer Catastrophes” – FT
Gold Standard Resulted In “Fewer Catastrophes” – FT 300 years ago last week on the 21st September, 1717 Sir Isaac Newton, Master of the Royal Mint of Great Britain, accidentally invented the gold standard. Last month it was the 46th anniversary of President Nixon ending the gold standard. Since then the world has existed on […]
Albert Edwards: “Citizen Rage” Will Soon Be Directed At “Schizophrenic” Central Banks
Albert Edwards: “Citizen Rage” Will Soon Be Directed At “Schizophrenic” Central Banks Perhaps having grown tired of fighting windmills, it was several weeks since Albert Edwards’ latest rant against central banks. However, we were confident that recent developments out of the Fed and BOE were sure to stir the bearish strategist out of hibernation, and […]
The world’s most powerful bank issues a major warning
The world’s most powerful bank issues a major warning In 1869, a 48-year old Jewish immigrant from the tiny village of Trappstadt in Germany’s Bavaria region hung a shingle outside of his small office in lower Manhattan to officially launch his new business. His name was Marcus Goldman, and the business he started, what’s now […]
Taken to the Cleaners
TAKEN TO THE CLEANERS Introduction Should regulators call the market? It has been a matter of vigorous debate in the regulatory community since the crisis. ‘Cleaners’ think you shouldn’t mess around with the market, although be prepared to clean up if markets collapse. ‘Leaners’ take the opposite view, divided between those who want to lean […]
China Battles “Impossible Trinity”
China Battles “Impossible Trinity” Just because something is inevitable does not mean it cannot be postponed. The popular name for this is “kicking the can down the road,” which is a perfectly good description. I prefer more technical terms such as dynamic systems in “subcritical” and “supercritical” state space, but it amounts to the same […]
