- The past week in monetary policy (Central Bank News)
- The week ahead in central banking (Money Supply)
- Expert suggests cautiously relaxing monetary policy (China Daily)
- The Fed is losing control over core inflation (Global Economic Intersection)
- The war for the BOJ balance sheet gets real (Zero Hedge)
- The growth vs inflation debate sharpens (Reuters)
- Can central bankers and technocrats rule the world? (Economic Times)
- Central bank rituals and legitimacy (The Market Monetarist)
- G20 Meeting Official Communique (Group of 20)
- Central Bank News is looking for an Assistant Analyst (Central Bank News)
Source: www.CentralBankNews.info
The growth vs inflation debate has always been around, but it is much more poignant now where we have low growth and latent inflationary pressures; China for example has slowing growth, but inflation is far from dead, so it leaves a policy dilemma; thankfully for them at least they can still do fiscal policy stimulus...
ReplyDelete1944 In Bretton Woods, New Hampshire, the International Monetary Fund (IMF), and the World Bank (initially called the International Bank for Reconstruction and Development or IBRD – the name, World Bank, was not
ReplyDeleteactually adopted until 1975), are approved with full United States participation.
The principal architects of the Bretton Woods system, and hence the IMF, are Harry Dexter White and John Maynard Keynes. Interestingly Harry Dexter White who died in 1946, would be identified as a Soviet
spy whose code name was, Jurist, on October 16th, 1950, in an FBI memo and as for John Maynard Keynes, he is British.
What the IMF and World Bank essentially did, was repeat on a world scale what the Federal Reserve Act of 1913 had established in the United States. They created a banking cartel comprising the worlds privately owned central banks, which gradually assumed the power to dictate credit policies to the banks of all nations.
In the same way the Federal Reserve Act authorized the creation of a new national fiat currency called, Federal Reserve Notes, the IMF has been given the authority to issue a world fiat money called, Special
Drawing Rights, or SDRs. Member nations would end up being pressured into making their currencies fully exchangeable for SDRs.
The IMF is controlled by its board of governors, which are either the heads of different central banks, or the heads of the various national treasury departments who are dominated by their central banks. Also, the voting power in the IMF gives the United States and the United Kingdom (the Federal Reserve and the Bank of England), effective overall control of it.
Some recent evidence has come forward as to who really owns the Federal Reserve, and they are the following banks:
Rothschild Bank of London
Warburg Bank of Hamburg
Rothschild Bank of Berlin
Lehman Brothers of New York
Lazard Brothers of Paris
Kuhn Loeb Bank of New York
Israel Moses Seif Banks of Italy
Goldman, Sachs of New York
Warburg Bank of Amsterdam
Chase Manhattan Bank of New York
**These are all Rothschild banks.
The Synagogue of Satan by Andrew Carrington Hitchcock (2007)
policywatcher - yes
ReplyDelete