Skip to content

Central Banks

The Bank of Canada Should Admit QE FAILED

In 2020, Pierre Poilievre, chief Conservative spokesman on finance issues, said Canada’s central bank “should not be an ATM for Trudeau’s insatiable spending...

PRIVATE BLOG – Fed Stops MBS Purchases for Now

PRIVATE BLOG – Fed Stops MBS Purchases for Now Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more,...

National Bank of Romania Hires Fortune Teller

The National Bank of Romania (BNR) is turning to ancient rituals to predict future economic movements. Gabriela Dima, 64, often referred to as Minerva, holds two...

PRIVATE BLOG – The Real Fed Crisis

PRIVATE BLOG – The Real Fed Crisis Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please...

The European Debt Crisis 2023-2024

The European Central Bank has announced that it plans to create a new tool to tackle the risk of eurozone fragmentation, which is the new term for divergence among...

Did Manchin Just Save the Federal Reserve?

Once again Joe Manchin has broken away from party lines to prevent the Democrats from destroying the global economy. Manchin announced that he would not support...

PRIVATE BLOG – ECB – Euro – Inflation

PRIVATE BLOG – ECB – Euro – Inflation Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more,...

World War III Begins in the Financial Markets

The Bank of England raised rates for a second time which is the first time they have responded in this manner to inflation since 2004 during the boom into 2007....

Another Board Member Flees the Fed

As I reported in November, Federal Reserve members are fleeing the central bank. Federal Reserve Vice Chairman Richard Clarida announced that he is resigning this...

The Fed Has Spoken

The Federal Open Market Committee plans to taper its asset purchasing program by $30 billion per month. Starting in January, the central bank will begin buying $60...