Bank of England Archive
Italian article this am
Banking, Currencies, EU, Financial Times, Germany, Government Spending, Greece, Inflation, Italy
Nov 26, 2012
Misrepresents what I say a bit, but they do have my picture next to JFK! ;) The IMF: sovereign currency, no longer the monopoly of the banks Eliminate the public debt of the United States at once, and do the same with Great Britain, Italy, Germany, Japan, Greece. At the same time
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BoC/BoE/RBA Comments
Canada, CBs, Employment, Inflation, Interest Rates, UK
May 17, 2011
Even with headline ‘inflation’ above comfort levels and recognizing the need to ‘manage inflation expectations’ under ‘expectations theory’ they all religiously believe, they seem to be sufficiently concerned about aggregate demand to make these kinds of dovish comments. Conclusion: they’re understating the general weakness they’re sensing. From Karim, my partner at Valance:
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ECB reiterates rate hike warning
ECB, Fed, Inflation, Interest Rates
Jan 19, 2008
ECB reiterates rate hike warning FRANKFURT(AFP): The European Central Bank (ECB) reiterated Thursday a strong warning about eurozone inflation, calling for price and wage moderation and suggesting it would raise interest rates if necessary. A monthly ECB bulletin said it was “absolutely essential†that long-term inflation be avoided, underscoring that the bank
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Re: banking system proposal
Banking, Uncategorized
Jan 06, 2008
Dear Philip, Yes, as in my previous posts, bank stability is all about credible deposit insurance. I would go further, and have all regulated, member banks, be able to fund via an open line to the BOE at the BOE target rate. That would eliminate the interbank market entirely, and let all
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A very British bubble for Mr Brown
Financial Times, Inflation, Uncategorized
Jan 01, 2008
A very British bubble for Mr Brown Leader Sunday December 16 2007 The Observer The buzz words in the world of finance these days are ‘moral hazard’. That is economist-speak for what happens when people who have engaged in risky business and fallen foul of market forces are let off the hook.
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