Central banks

Says Bernanke : QE Not Causing Dow Jones Bubble

Published by Philippe Herlin | Nov 28, 2013

Don’t laugh, but Ben Bernanke refutes the fact that easy monetary policy from the Fed has favored Wall Street... he even goes as far as saying it has helped the middle class! Quote : « Even though this may come as a shock, I don’t agree. Our monetary policy has helped american households to impro...

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IMF Condoning the Plundering of Bank Accounts

Published by Philippe Herlin | Oct 16, 2013

As we’ve been saying at the time, the spoliation of bank accounts in Cyprus this last March to save their banks was but a general rehearsal. We’ve also learned that there is a european proposal on the table to have depositors of over 100,000 euros contribute should there be a bank bailout in a Eu...

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Bernanke Confessing QE Tapering Impossible

Published by Philippe Herlin | Sep 26, 2013

Last Thursday, there was quite a surprise : contrary to what the majority of market participants were anticipating, Ben Bernanke decided not to taper his QE (quantitative easing). Thus, $85B a month is still being created by the Fed to keep buying $45B of federal debt and $40B of mortgage-backed...

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