Home » Posts tagged 'central banks' (Page 51)
Tag Archives: central banks
Stock Market 2018: The Tao vs. Central Banks
Stock Market 2018: The Tao vs. Central Banks The central banks claim omnipotent financial powers, and their comeuppance is overdue. I will be the first to admit that invoking the woo-woo of the Tao as the reason to expect a reversal of the stock market in 2018 smacks of Bearish desperation. With everything coming up […]
You’re Just Not Prepared For What’s Coming
You’re Just Not Prepared For What’s Coming Not even close I hate to break it to you, but chances are you’re just not prepared for what’s coming. Not even close. Don’t take it personally. I’m simply playing the odds. After spending more than a decade warning people all over the world about the futility of […]
Deflation Must Be Embraced
DEFLATION MUST BE EMBRACED There are two problems with understanding deflation: it is ill defined, and it has a bad name. This article puts deflation into its proper context. This is an important topic for advocates of gold as money, who will be aware that sound money, in theory, leads to lower prices over time […]
Citi’s Shocking Admission: “There Is A Growing Fear Among Central Bankers They’ve Lost Control”
Citi’s Shocking Admission: “There Is A Growing Fear Among Central Bankers They’ve Lost Control” Earlier we showed a variation on a VIX chart from Citi’s Hans Lorenzen which, if it doesn’t impress, or scare you, then nothing probably will. However, leaving readers unimpressed – and unscared – will not satisfy Lorenzen, which is why the […]
World faces wave of epic debt defaults, fears central bank veteran
World faces wave of epic debt defaults, fears central bank veteran Exclusive: Situation worse than it was in 2007, says chairman of the OECD’s review committee The next task awaiting the global authorities is how to manage debt write-offs without setting off a political storm Photo: Rex The global financial system has become dangerously unstable and […]
How Uncle Sam Inflates Away Your Life
How Uncle Sam Inflates Away Your Life “Inflation is always and everywhere a monetary phenomenon,” once remarked economist and Nobel Prize recipient Milton Friedman. He likely meant that inflation is the more rapid increase in the supply of money relative to the output of goods and services which money is traded for. As more and […]
Draghi Speech: Everything Is Awesome In Europe, No Signs Of Systemic Risks
Draghi Speech: Everything Is Awesome In Europe, No Signs Of Systemic Risks Mario Draghi gave the keynote speech at the Frankfurt European Banking Congress this morning in which he focused on the strong outlook for the Eurozone economy and how his monetary policy is playing a vital role. The speech was peppered with upbeat phrases […]
Central Bank Group Think: Convince the Public More Inflation is Coming
Central Bank Group Think: Convince the Public More Inflation is Coming Chicago Fed chief Charles Evans is worried about the lack of inflation primarily because he is clueless about where to find it. As further proof of his economic illiteracy, Evans says “Low inflation expectations keep inflation down”. Bloomberg reports Evans Says Fed Must Convince […]
Central Bank Group Think: Convince the Public More Inflation is Coming
Central Bank Group Think: Convince the Public More Inflation is Coming Chicago Fed chief Charles Evans is worried about the lack of inflation primarily because he is clueless about where to find it. As further proof of his economic illiteracy, Evans says “Low inflation expectations keep inflation down”. Bloomberg reports Evans Says Fed Must Convince […]
Close to the Edge
CLOSE TO THE EDGE “Look at it this way. In 100 years, who’s gonna care ?” Nancy, waitress, in ‘The Terminator’ (screenplay by James Cameron and Gale Ann Hurd). Imagine that a cyborg from 10 years into the future paid you a visit back in 2007. Here is what is going to happen, he says, […]
The Kids Are Not Alright
The Kids Are Not Alright Debt initially dazzles and deceives, then it disappoints, disillusions, devastates, and destroys. The thing governments do best is borrow. Performance varies across the range of their purported functions—warfare, maintenance of public order, provision of goods and services, redistribution, regulation—but they all go into debt. The structure of governments and their […]
Caution: Slowdown
Caution: Slowdown Many of you know I keep posting charts keeping taps on the macro picture in the Macro Corner. It’s actually an interesting exercise watching what they do versus what they say. Public narratives versus reality on the ground. I know there’s a lot of talk of global synchronized expansion. I call synchronized bullshit. […]
