We have been trying to figure out the queer dynamics of current central banking policy. So far, all we’ve been able to figure out is that it is more perverse and more complicated than we thought.
July 4th, 2008 | Bill Bonner | 1 comment | ContinuedAll Posts Tagged With: "central bankers"
A New Hotline Service – Made Just for Central Bankers
As you may remember, dear reader, we put in a Country Hotline Service here at the Daily Reckoning headquarters. We offered to give advice to central bankers and heads of state – for free. Well, we’re still waiting for the phone to ring. But if the phone ever rings, we’re ready. We can imagine the call…
June 5th, 2008 | Bill Bonner | 1 comment | Continued
What Inflation Means to Central Bankers, Investors and the Consumer
Naturally, the papers are squawking about inflation today. The Financial Times worries that inflation is going to undermine pensions and retirement plans. The International Herald Tribune , meanwhile, says inflation is undermining central banks’ efforts to…well…cause inflation!
May 20th, 2008 | Bill Bonner | 1 comment | Continued
Beliefs That Central Bankers Will Save the Day
“Credit crisis…foreclosures…market crash…recession…falling dollar…bankruptcy…inflation: Why the Smart Money is Buying,” says this week’s Forbes cover. Forbes thinks it is being bravely contrarian. “Buy when blood is running in the streets,” it quotes a Rothschild. After the traffic accidents of the last 9 months, it thinks it sees an opportunity - similar to the one in 2002. Of course, everyone wants to go against the crowd, provided everyone else is doing it too.
April 28th, 2008 | Bill Bonner | 1 comment | Continued