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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label central bank put. Show all posts
Showing posts with label central bank put. Show all posts
Monday, December 08, 2014

BIS Warns (Again) on Strong Dollar’s Impact on Emerging Markets, Deep Dependence on Central banks!

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The central bank of central banks, the Bank for International Settlements just can’t get enough from dishing out warnings after warnings on...
Friday, July 25, 2014

In Pictures: Global Financial Market Mania as Revealed by Record Credit, Volatility and Bank Asset Growth

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Last Sunday I wrote From all time high to record first half to unmatched highs…in almost all aspects of credit and credit related marke...
Monday, July 21, 2014

Phisix: What Janet Yellen’s “Irrational Exuberance” Speech Implies

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The big profits go to the intelligent, careful and patient investor, not to the reckless and overeager speculator. Conversely, it is the sp...
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