Blog/Central Banks

Fed Admits it Does Not Understand The Markets

COMMENT: Mr. Armstrong; I must congratulate you on a fantastic conference. You explained that the central banks were clueless and that the Quantity Theory of Money [...]

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Draghi Knew About Hiding Losses by Italian Banks

The Bank of Italy, when it was headed at the time by Mario Draghi, knew Banca Monte dei Paschi di Siena SpA hid the loss of almost half a billion dollars using [...]

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Bank of England & Real World

Without real-world experience, today’s move by the Bank of England would have cost you serious money. Yes, finally after more than a decade the BOE finally [...]

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Choosing the Fed Chairman

Many expect Mr. Jerome H. Powell to be President Trump pick for Fed Chairman. Trump is resisting pressure by conservatives to make a larger change at the Fed. Many [...]

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ECB v the Federal Reserve – Different Animals Altogether

QUESTION: Do you really think Trump would let the Central Banks Default? He said we would write off PoteRicos debt maybe he plans to write everything off can he do [...]

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Central Banks at Risk of Default?

Central banks do not play games with the markets but it sure feels like we are being played by someone! Earlier this year the Bank of Japan, Federal Reserve and [...]

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Will the Fed Keep Excess Reserves?

QUESTION: Hi Martin, I recently asked an Economist for a major Financial Institute the following question. Will the Fed continue to pay interest on “excess [...]

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Central Banks Investing in Equities

QUESTION: There is a new trend that central banks are investing in the stock markets Is this true? What is the impact of this move? ANSWER: Yes. The reason has been [...]

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ECB – Draghi & Tapering

The European Central Bank (ECB) is expected to begin reducing its bond purchases gradually tampering its stimulation program of Quantitative Easing (QE). [...]

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Yellen Reveals She Also Does Not Understand What it all Crashed in 2007-2010

The head of the Federal Reserve, Janet Yellen, has warned politicians against turning back financial market regulation, yet she herself does not comprehend what the [...]

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