Saturday, 22 September , 2018

Central Banks

Germany wants to see Turkey prosper, Merkel says

August 13 2018 Chancellor Angela Merkel says that Germany wants to see Turkey prosper economically and is stressing the importance of its central bank’s independence. Merkel...

BRICS and the Fiction of “De-Dollarization”

By Prof Michel Chossudovsky July 24, 2018 This week,  leaders of the BRICS (Brazil, Russia, India, China and South Africa) will be meeting in Johannesburg amidst...

European Care for the Elderly 2016

May 11, 2016 Michael Hudson, Speech to SANICADEMIA, May 10, 2016 in Villach, Austria for the 5th International Congress on Geriatrics and Gerontology = 59th...

The ECB as vulture fund: how central banks speculated against Greece...

16/10/2017 Responses from European Central Bank (ECB) President, Mario Draghi, and European Commissioner for Economic and Financial Affairs, Pierre Moscovici, to questioning by Greek MEP...

“Central Bankers Face a Crisis of Confidence as Models Fail”

October 16, 2017 The title of this week’s commentary is the title of an FT article published at the end of last week as monetary...

Debate on Europe

By Ernesto Screpanti* Since the end of World War II, tribal rivalries and xenophobic sentiment in Europe have never been as strong as they...

Why central bankers’ great monetary experiment is about to explode

By Mitch Feierstein During the past ten years, we have witnessed unprecedented manipulation of stock, bond, and property prices by global central banks. The inflation...

The power of money: how the rich took hold of our...

By David Beer To wrest back control from private finance, to reclaim our “hollowed out democratic institutions,” we must begin with a public understanding of...

Who Controls The Money? An Unelected, Unaccountable Central Bank Of The...

[T]he powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences.

Rogoff on China, IMF predictions and central Banks

The biggest threat to the global economy is not Brexit, but an impending crash in China, according to one of the world’s most eminent economists. Speaking to the BBC, Harvard professor, Ken Rogoff warned that China was facing a “pretty sharp landing already” after years of rapid economic growth. The real picture is much worse than the official one