When I read newspaper articles (even online ones), I often read two articles. One that's actually written and the other that's in my head. It is a translation into the language of "causes" and "consequences". […]
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Label: FED
There is no one to praise, Mr. Macháček
In his regular audit in Respekt, Jan Macháček wrote that it is necessary to praise the Fed and the ECB, which - unlike crazy politicians - are the only ones to behave sensibly and try […]
Read moreValue of money
Value of money, inflation, central banking. If value is a subjective matter, the inflation indicators often used are de facto useless.
Read moreAbout imports and exports - and also China
Exports help the country and imports harm the country. China will get rich because it produces and exports everything. Or is it a little different?
Read morePolitical marketing of an established market
When politicians start talking about "introducing the market", we should be sharpened. Something special is happening.
Read moreOld-new goals of central banking
The ECB and the Fed have been buying government bonds for some time now and are thinking of doing so again. Beneath the magical phrase "quantitative easing" lies the insidious process of printing money and […]
Read moreObama was fired by Congress, the Fed will not be tamed
While arms owners and opponents of government spending elected Republicans to Congress, Ben Bernanke, the head of the Fed (US central bank), confirmed a second wave of quantitative easing of $ 600 billion (roughly 10 […]
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