Tags: ecb
The Sick Man Is Europe
May 22nd, 2013
in Op Ed
by Dirk Ehnts, Econoblog101p> The Pew Global Attitudes Project has its annual report out. It confirms what all European already know: disillusionment with the way the European institutions function. Democracy is a nice word, but in Europe, it is not… more »
Monetary Policy Fail: Euro Edition
May 3rd, 2013
in Op Ed
by Dirk Ehnts, Econoblog101p> Monetary policy, some economists still believe, works like this: if people are saving money, then they bring their money to the bank. This is called savings. Other people want to borrow money, and if the bank has enough… more »
Exiting from Monetary Stimulus: A Better Plan for the Fed
April 14th, 2013
in Op Ed
The U.S. Federal Reserve's monetary stimulus efforts have an undesirable side effect that needs to be managed with great care: the Fed has amassed a huge stock of mortgage-backed securities (MBS) that it will eventually want to liquidate without damag… more »
Winner Takes All: The Super-priority Status of Derivatives
April 12th, 2013
in Op Ed
by Ellen Brown, Web of Debt p> Cyprus-style confiscation of depositor funds has been called the “new normal.” Bail-in policies are appearing in multiple countries directing failing TBTF banks to convert the funds of “unsecured creditors” into capit… more »
ECB Incompetence, New York Times Gullibility
April 11th, 2013
in Op Ed, syndication
by Dirk Ehnts, Econoblog101p> Here is the New York Times today, republishing a Reuters article: Peripheral Euro Zone Household Wealth Trumps Core – ECB Study FRANKFURT (Reuters) – Households in many peripheral euro zone countries are on average… more »
