All Posts Tagged With: "central banks"

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World Economy Faces Hyperinflation or Deflation?

What is more likely is that over the coming months, we will get another deflationary scare. Any sell-off in the markets later this year will be met by an even larger stimulus from the policymakers and this will ultimately result in high inflation.

July 9th, 2009 | Puru Saxena | 4 comments | Continued
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New Trend in the Market: Sell Bonds and Buy Commodities

Gross finishes with this advice: “Bond investors should, therefore, confine maturities to the front end of yield curves, where continuing low yields and downside price protection is more probable. Holders of dollars should diversify their own baskets before central banks and sovereign wealth funds ultimately do the same.

June 9th, 2009 | Dan Denning | 10 comments | Continued
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Ben Bernanke “Respectfully Disagreed” With Angela Merkel

Our heroine, Angela Merkel, made the front-page news yesterday. She stood up against almost every mainstream economist, politician, and central banker in the world – and gave them all hell.

June 5th, 2009 | Bill Bonner | 0 comments | Continued
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Central Banks’ New Money is Piling Up

“Quantitative Easing” it is called. As a refresher for readers with real lives and better things to do, QE is how central banks describe what is essentially an act of counterfeiting. They buy bonds with money created – electronically – specifically for that purpose.

May 25th, 2009 | Bill Bonner | 6 comments | Continued
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In Gono We Trust

We have it from our usually unreliable source in Washington that Gideon Gono, now head of the Zimbabwean central bank, has been called in to aid the Obama Administration. In secret talks, Gono has agreed to replace the out-going Ben Bernanke, who is said to be going to work as a helicopter pilot. Gono will take over the Fed. And a new bill has already been designed – our source was able to sneak out a copy of the new note – for 1 million U.S. dollars. That’s Gideon Gono’s picture on it…

February 4th, 2009 | Bill Bonner | 6 comments | Continued
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Stock Market Collapse Can Be Explained By Panicked Forced Selling

Much of the recent stock market collapse can be explained by panicked forced selling, rather than fundamentals. Sure, we’re going to have a long, deep recession – especially in certain sectors of the economy. But you must also keep in mind that stocks are denominated in paper money. Central banks and governments are fighting this credit crunch with the greatest wave of inflation in history…

December 11th, 2008 | Dan Amoss | 8 comments | Continued
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The Crime of Central Banking

We have a lot of respect for our many American readers because many of them are long-time readers, friends, and family. We were born and raised in Colorado, lived on the East Coast (Baltimore and Washington DC) for ten years before moving to Europe (Paris and London) for three years, and now Australia for the last three years. It’s not Americans we’re upset with. It’s American politicians. We can’t tell you how many times in the last five years people asked us if we were Canadian…

August 15th, 2008 | Dan Denning | 7 comments | Continued
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Inflation: Ron Paul Explains How We Got Into This Mess

Already price inflation overseas is even higher than here at home as a consequence of foreign central bank’s willingness to monetize our debt…

July 10th, 2008 | Bill Bonner | 8 comments | Continued
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Central Banks are Free to Create as Much Inflation as They Want

In the current monetary system, however, the supply of money is not constant and the central banks of this world are free to create as much inflation (money-supply growth) as they want. There is a catch – the central banks can only do so as long as they can keep inflationary fears in check by constantly reminding the public of the threat of deflation.

May 21st, 2008 | Puru Saxena | 0 comments | Continued
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The Real Economy Suffers – Either from Inflation…or from Misallocated Resources

We take it as a given, at this stage, that more lending from the Fed cannot actually improve the real economy. In fact, it makes it worse – propping up failing companies, increasing speculation, misallocating resources, and adding to debts that will have to be paid, one way or another…

March 17th, 2008 | Bill Bonner | 0 comments | Continued
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