Category: Central Banks
The analysis published under this category are as follows.
Friday, December 02, 2011
Ron Paul on the Origins of the Fed / Politics / Central Banks
By: Dr_Ron_Paul
The Federal Reserve cartelizes the banking industry, allowing individual banks to inflate together, earning them and the government enormous profits, while making sure that they are never held accountable for their fraudulent practices.
Wednesday, November 30, 2011
Central Banks Tackling Liquidity, Policy, Geopol and Solvency / Interest-Rates / Central Banks
By: Ashraf_Laidi
Today's coordinated central bank liquidity injections coincide with liquidity concerns (USD LIBOR nearing the highs of June 2010 at 0.53%); policy concerns (EFSF & austerity deadlock), geopolitical concerns (storming of UK Embassy in Tehran) and solvency concerns as signaled by implicit (voluntary) default from Greece.
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Wednesday, November 30, 2011
It's Time to Overhaul the Fed / Politics / Central Banks
By: Money_Morning
Shah Gilani writes: The average American has no idea how protected the big banks in this country really are.
For the most part we don't even blink when we are lied to publicly by their CEOs.
Maybe that's because the biggest bank in the world, the U.S. Federal Reserve, which happens to be a creation of and 100% beholden to the banks that it is a master shill for, also lies to us and covers up Wall Street's misdeeds.
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Thursday, November 24, 2011
Has the Fed Run Out of Ammo? / Interest-Rates / Central Banks
By: Ben_Traynor
The Federal Reserve has become more in interested in what it says about policy than policy itself...
IS THIS a sign the Federal Reserve has run out of ammo?
The latest Federal Open Market Committee minutes contain a whole section on 'Monetary Policy Strategies and Communication' (the FOMC had a presentation on the subject – to have been a fly on the wall...)
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Friday, November 18, 2011
The Symbiotic Relationship of Feds and Insiders / Politics / Central Banks
By: Bill_Bonner
Yesterday when the markets closed the price of oil was only 66 cents shy of $100. What a come back. We expected oil, stocks and gold to sink down deep…and not come back for a long time. So far, we’re wrong a about that. People are still sending money to Wall Street to buy stocks and gold.
Where is all this money mail coming from? We don’t know exactly, but there are foreign stamps on many of the envelopes. Foreign stock markets are down. Many of the leading foreign bonds are down too. Investors look at Italy; they see Vesuvius. They look at France; they see Dunkirk. They look India; they see a Black Hole.
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Tuesday, November 15, 2011
Central Bankers Abuse of Global Monetary System, The Rape and Pillage of Humanity / Politics / Central Banks
By: Rob_Kirby
With a title like, the Rape and Pillage of Humanity, many of you are probably expecting this paper to be a story about greed, power, misplaced trust and abuse in College Football. So if you thought that – you’d be wrong.
Instead, this is tale about greed, power, misplaced trust and abuse in our global monetary system – and what Central Bankers have done to it. In short, they’ve taken us to the showers and had their way with us all.
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Tuesday, November 15, 2011
ECB's Draghi Borrows Paulson’s Bazooka / Politics / Central Banks
By: Michael_Pento
The latest round of optimism on display late last week from Wall Street was based upon the supposed resolution--once again--of all Europe's problems. However, the sad truth is the move upward only brought the S&P500 near the unchanged mark on the year in nominal terms and much lower when adjusted for inflation.
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Sunday, November 06, 2011
Laissez-faire: The Best Fed Policy Is To Stand Pat / Interest-Rates / Central Banks
By: EconMatters
Operation Twist through 2012, and keeping the benchmark interest rate near zero to at least mid-2013.
Nevertheless, the more important (albeit coded) message is how much more pessimistic the Fed has gotten just within the past five months. Below are the table from the Fed latest November economic forecast with the prior projection issued in June.
Sunday, November 06, 2011
Jim Grant’s Best Moments on Money, Banking & The Federal Reserve / Interest-Rates / Central Banks
By: Aftab_Singh
As many of you may already know, the other day Ron Paul expressly mentioned that he would pick James Grant of Grant’s Interest Rate Observer as chairman of the Fed if elected. We cannot conceive of a better candidate for that unfortunately frightful job! Jim Grant is just fantastically insightful when it comes to monetary matters and particularly knowledgeable on the history of money. So, for anyone that might be interested, here I present a short video of his best moments on money, banking and the Federal Reserve over the past few years. See below for the video:
Friday, October 28, 2011
Money, Credit and the Federal Reserve Banking System, Robert Prechter Explains The Fed, Part III / Interest-Rates / Central Banks
By: EWI
This is Part III, the final part of our series "Robert Prechter Explains The Fed." (Here are Part I and Part II.)
Money, Credit and the Federal Reserve Banking System
Conquer the Crash, Chapter 10
By Robert Prechter
Wednesday, October 19, 2011
Robert Prechter Goes "behind the scenes" on the Federal Reserve / Interest-Rates / Central Banks
By: EWI
This is Part II of our three-part series, "Robert Prechter Explains The Fed." You can read Part I here.
Money, Credit and the Federal Reserve Banking System
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Thursday, October 13, 2011
Robert Prechter Explains The Fed, Part I / Interest-Rates / Central Banks
By: EWI
The ongoing economic problems have made the central bank's decisions -- interest rates, quantitative easing, monetary stimulus, etc. -- a permanent fixture on six-o'clock news.
Yet many of us don't truly understand the role of the Federal Reserve.
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Thursday, October 06, 2011
The Fed Twists, the Market Shouts / Politics / Central Banks
By: Dr_Ron_Paul
Last week the Federal Reserve began the second incarnation of "Operation Twist", an attempt to drive down interest rates by purchasing long-term Treasury debt and selling short-term debt. This is just the latest instance of the central bank desperately flailing around doing something merely for the sake of doing something. Fed officials still do not understand – or admit – that the Fed itself caused the financial crisis by driving interest rates too low and relentlessly expanding the money supply. Thus, this latest action will just exacerbate the problem.
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Thursday, October 06, 2011
How Ben Bernanke "F*d" the Banks and Fixed Income Savers at the Same Time / Interest-Rates / Central Banks
By: Mike_Shedlock
Hello Ben. It seems your ploy to hold interest rates at preposterously low levels has backfired into a run on Bank of America assets.
Bank of America Customer Frustration Grows
Saturday, October 01, 2011
Rip-Off Conspiracy, the United States of Banks / Politics / Central Banks
By: Gary_North
You probably missed any media coverage of the September 26 speech by Federal Reserve Board of Governors member Sarah Raskin. The media ignored it. You would be wise not to ignore it.
There were a few brief news reports about it. There was no detailed analysis. The media usually ignore speeches by any FED Board member other than Bernanke.
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Friday, September 30, 2011
Fed Counterfeiter's Cry: Trust Me! / Politics / Central Banks
By: Gary_North
Sarah Bloom Raskin is a member of the Board of Governors of the Federal Reserve System. She is a lawyer. She is a banking lawyer and has earned her living for her entire career as a government banking regulator.
On September 26, she gave a Bernanke-imitating speech on the rotten job market: "Monetary Policy and Job Creation." Does it come as a surprise that she promotes monetary inflation as the solution to unemployment?
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Saturday, September 24, 2011
The Fed's Ultimate Lie Exposed, Central Banks Are Not Banks / Politics / Central Banks
By: Michael_S_Rozeff
I am going to make a number of obvious statements that we all can agree are true, but what they add up to is a startling conclusion. What we call "central banks" are not banks at all.
What is a bank? I refer the reader to a straightforward but reasonably detailed answer here. A bank is a financial organization in which people deposit their money, we are told. This is true. A bank is a business, we are told. This is true. We are also told in this little essay that "each bank tries to make THEIR bank look better than all of the other banks by offering services that some other banks might not have". That is to say, banks compete in a market. This is true, conceptually at least, and also true to some extent in reality, although numerous banking laws seriously alter the market and the competition. But it is the pure idea we are after here, and in the pure idea a bank is a business that competes in a market.
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Thursday, September 15, 2011
The Insidious Truth About Federal Reserve Policy / Interest-Rates / Central Banks
By: Money_Morning
Shah Gilani writes: So far, U.S. Federal Reserve policy has done nothing to help the economy. To the contrary, it's actually been quite destructive.
Yet Federal Reserve Chairman Ben S. Bernanke and his cohorts will likely expand upon their ineffective policies next week by announcing a new "Operation Twist."
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Tuesday, August 30, 2011
Central Bankers' Next Panic Move / Interest-Rates / Central Banks
By: Money_Morning
Sean Hyman writes:
It may seem like panic in the stock markets just started this month, but the truth is governments and central bankers have been in "panic mode" since March. We just didn't see it in the markets until a few weeks ago. But if you look back, you can tell central bankers were panicking because they kept intervening to manipulate their stock or currency markets. Here's a quick play-by-play of those panic attacks and the real messages behind them:
Sunday, August 28, 2011
Synopsis of Bernanke's Speech at Jackson Hole, and What It Means / Stock-Markets / Central Banks
By: Jesse
When listening to a speech like this, one has to remember who is speaking and under what conditions. A Fed Chairman has a thousand watt megaphone attached to his chest, and so he must speak quietly and calmly, in order not to disrupt markets and place the Fed in the middle of political controversies. Unless you have actually been close to or in a position of power, where your words carry great significance, it is all too easy to forget this.