Showing posts with label Swap lines. Show all posts
Showing posts with label Swap lines. Show all posts
Monday, March 12, 2012

Central Bankers Whets Wall Street’s Fetish For Inflationism

›
In a fiat-money regime, however, increases in credit and money are not a one-off affair. As soon as signs of recession appear on the horizon...
Thursday, December 08, 2011

European Debt Crisis: Demand for US dollar Rises amidst Signs of Funding Stress

›
From Reuters , A larger-than-expected take-up of dollars at a European Central Bank tender on Wednesday reflected euro zone banks' ...
Sunday, December 04, 2011

Can the Phisix rise Amidst the Euro Crisis?

›
During the downturning segment of the cycle, the situation is such that credit for investment will be refused. With its supply of credit, th...
Thursday, December 01, 2011

Swap Facility Backdoor for Quantitative Easing

›
Writes PIMCO’s Tony Crescenzi at the CNBC … (bold emphasis original) [hat tip Bob Wenzel] Keep in mind that any use of the Fed’s swap f...
Wednesday, November 30, 2011

Hot: Major Central Banks Coordinate Easing On Dollar Swaps

›
Wow. Now we are seeing some real heavy weightlifting! The world’s major central banks have embarked on a major coordinated credit easing ope...
Thursday, October 27, 2011

Euro’s Bailout Deal: Rescue Fund Jumps to $1.4 Trillion and a 50% haircut on Greece bondholders

›
From Bloomberg (bold emphasis mine) European leaders persuaded bondholders to take 50 percent losses on Greek debt and boosted the fir...
Sunday, November 09, 2008

Demystifying the US Dollar’s Vitality

›
``The Achilles Heel of the United States is the dollar. The reserve status of the US dollar is absolutely critical to the health of the U...