Tue 2008-07-22 00:00 EDT
Failure of Central Banking leads to Debt Capitalism Self
Failure of Central Banking leads to Debt Capitalism Self Destruction, by Henry C. K. Liu
central Topic in The Credit Debacle Catalog
Thu 2008-07-03 00:00 EDT
naked capitalism: Are Trichet's Rate Hikes 1930 All Over Again?
"rather have the central bankers simply sit tight and do nothing for a quarter and try to get a better handle on the fundamentals."
Fri 2008-06-20 00:00 EDT
Walter Bagehot Was Wrong - June 19, 2008 - The New York Sun
Walter Bagehot Was Wrong, by James Grant - June 19, 2008 - The New York Sun; Jim Grant: structuring mortgages for central bank deposit in special liquidity facilities will result in a new cycle of currency debasement; Walter Bagehot versus Thomson Hankey on central banks, moral hazard, fairness, and ready money
Thu 2008-06-19 00:00 EDT
naked capitalism: Paulson Pushing Harder for Fed As Financial Stability Regulator
"one can argue that our financial distress is the result of the central bank's mission creep"; "a financial stability role conflicts with tough oversight"
Fed; Financial Stability Regulator; naked capitalism; Paulson Pushing Harder.
Tue 2008-06-10 00:00 EDT
Mish's Global Economic Trend Analysis: Fox Asks For More Authority Over Hen House
Federal Reserve Bank of New York President Timothy Geithner called for greater central bank authority; Mish's Fed uncertainty principle
authority; Fox asked; hen house; Mish's Global Economic Trend Analysis.
Sat 2008-05-24 00:00 EDT
naked capitalism: Commodities Spike: Vote of No Confidence in Central Bankers?
Steve Waldman; commodity price run-up due to loss of faith in monetrary authorities? large-scale repudiation of financial assets; "nd of a paradigm: large scale OTC markets, lightly regulated players and instruments, dollar as reserve currency, US as the most important global economic actors"
central bankers; Commodities Spike; Confidence; naked capitalism; voting.
Sat 2008-05-24 00:00 EDT
Interfluidity :: A run on central banks?
by Steve Randy Waldman; loss of confidence in central banks explains spiking commodity prices
Fri 2008-04-18 00:00 EDT
Mish's Global Economic Trend Analysis: Central Bankers Guessing Everywhere
"all central bankers are guessing, and not just on interest rate policy either...no one has consistently guessed wrong more often than the Fed and Bank of Japan"
Central Bankers Guessing; Mish's Global Economic Trend Analysis.
Sat 2008-03-22 00:00 EDT
naked capitalism: Desperate Central Bankers to Bail Out MBS Market? (Not Yet, Perhaps....)
"ntent of policy should be to limit damage to individuals rather than intervene in asset market in ways that are destined to fail anyhow"
bailed; Desperate Central Bankers; MBS Market; naked capitalism; PERHAPS.