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Quantitative Easing & the Nightmare It Has Created

Quantitative Easing & the Nightmare It Has Created While so many people claimed that Quantitative Easing (QE) would produce inflation since it was the creation of money, the truth is very far from this simplistic idea. The theory used by the central banks is seriously flawed and a throwback to ancient times before 1971. There […]

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ECB – Going Full Retard

ECB – Going Full Retard Done Deal: We’re Making Europe Richer by Making it Poorer, Comrades! Ready, aim, fire! Draghi reminds everybody that there is no limit to how much fiat weaponry and ammunition he can deploy Photo credit: François Lenoir / Reuters We were really surprised at the extent to which the lunacy within the […]

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Japan Approaches Limit To Bond Buying Former BOJ Official Okina Warns

Japan Approaches Limit To Bond Buying Former BOJ Official Okina Warns A day after we highlighted the veritable collapse in U.S. shadow banking liquidity (down by nearly half since 2008) occasioned by a potent one-two punch from Fed bond purchases and regulatory measures designed to stem prop trading (but which have apparently impaired market making), we get […]

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FT Rejects Reuters Unsourced Trial Balloon About ECB Buying Corporate Bonds, Futures Refuse To Plunge | Zero Hedge

FT Rejects Reuters Unsourced Trial Balloon About ECB Buying Corporate Bonds, Futures Refuse To Plunge | Zero Hedge. Preciselyhalf an hour ago, we mocked the overnight Reuters trial balloon about ECB corporate bond buying, whoseonly purpose was to send futures higher, when not only did we question the credibility of the report based on “one […]

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Exclusive: ECB looking at corporate bond buys | Reuters

Exclusive: ECB looking at corporate bond buys | Reuters. (Reuters) – The European Central Bank is considering buying corporate bonds on the secondary market and may decide on the matter as soon as December with a view to begin buying early next year, several sources familiar with the situation told Reuters. The ECB has already carried out […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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