Central Banks

Tyler Durden's picture

"Devastated" Trader Crushed By Soaring Biotech, Starts Online Begging Campaign To Fund $106,000 Margin Call

"I hesitated on doing this but I literally owe Etrade $106,445.56 as of this moment what would you do if you were in my situation?"

Tyler Durden's picture

Swap Spreads Just Hit A New Record Negative Low: Goldman's Explanation Why

Having detailed the "perverted nonsense" that is the collapsing and negative US swap spreads (here, here, here, and here) and noted money manager's concerns that the big question remains whether there is "something bigger brewing under the surface that so far hasn’t been pinpointed yet," it appears Goldman Sachs feels the need to 'explain' the anomaly in what appears an effort to calm fears about the broken money markets. Of course, we don’t have to figure out what the “market” is saying about a negative spread because it isn’t saying anything other than “something” is wrong and even Goldman admits this signals funding and balance sheet strains are worsening since August.

Tyler Durden's picture

The World's First Cashless Society Is Here - A Totalitarian's Dream Come True

Central planners around the world are waging a War on Cash because, as Ron Paul so eloquently put it "the cashless society is the [government]’s dream: total knowledge of, and control over, the finances of every single [citizen]." It is perhaps ironic then that Sweden, which became the first country in Europe to issue paper money in 1661, is probably going to be the first in the world to entirely eliminate it.

Phoenix Capital Research's picture

Central Banks Will Not Be Able to Halt This Economic Collapse

Stripped of accounting gimmicks, real GDP growth shows economic collapse. And it will culminate in another stock market crash.

Tim Knight from Slope of Hope's picture


I had never heard the term "safe space" until just a few days ago, but it's a zone in which free speech is completely forbidden, for fear of hurting the feelings of some special snowflake.

Tyler Durden's picture

Forty Centuries Of Wage & Price Controls

Interest rates across the developed markets have been kept at emergency levels (and all time historical lows) for seven years. Do we think that allowing banks to access essentially free money is more or less likely to give rise to the sort of malinvestments that caused the financial crisis in the first place? If you believe that the answer is ‘less likely’, there is a job at your local central bank with your name on it.

Phoenix Capital Research's picture

This Economic Collapse Will Trigger a Stock Market Crash

This is the REAL picture of the global economy. It isn’t what CNBC and the talking heads tell you. It is economic collapse.

Sprott Money's picture

Five reasons the Fed can’t raise rates

Once you examine the finer details, it quickly becomes clear that there are five key reasons that the Fed is unlikely to raise rates anytime soon.

Tyler Durden's picture

Japan's Problems Will Not Be Solved By More QE, RBS Warns

"Japan’s experience suggests that QE has its limits, and could bring a range of side effects. These include years of tepid growth, the reduction in secondary trading liquidity, an increase in asset ownership by central banks (the BoJ now owns half of the national ETF market), potential formation of asset bubbles and social problems like inequality."

Tyler Durden's picture

The Delirium Of Milliards - How Monetary Heroin Tempts Hyperinflation

"New banknotes were being delivered daily in boxcar loads. In October 1923, banknote circulation amounted to 2,496,822,909,038,000,000 and everyone called for more. It is this last fact that is most telling, that every group believed that the solution was simply more money. They failed to grasp that what was needed was to simply cease all manipulation of the system and let the free market return. Their failure assured that the only possible outcome was the collapse of the system."

Tyler Durden's picture

Nomi Prins: Crony Capitalism & Corruption - An Entirely Rigged Political-Financial System

The notion of free markets, mechanisms where buyers and sellers can meet to exchange securities or various kinds of goods, in which each participant has access to the same information, is a fallacy. Transparency in trading across global financial markets is a fallacy. Not only are markets rigged by, and for, the biggest players, so is the entire political-financial system.

Tyler Durden's picture

Stocks Jump On Hope For More Central Bank Intervention After Japan's Quintuple Recession, Syrian Strikes

As so often happens in these upside down days, was the best thing that could happen to the market, because another economic slowdown means the BOJ, even without sellers of JGBs, will have no choice but to expand its "stimulus" program (the same one that led Japan to its current predicament of course) and buy up if not government bonds, then corporate bonds, more ETFs (of which it already own 50%) and ultimately stocks. Because there is nothing better for the richest asset owners than total economic collapse.

Tyler Durden's picture

They're Coming For Your Cash

It’s easy to be frightened by these proposals. But if governments think they can force us to accept negative interest rates on our savings by abolishing cash, they need to think again. It’s preposterous to assume that savers will passively accept outright confiscation of their assets via negative interest rates or a ban on cash. Instead, people will simply revert to other stores of value.

Syndicate content
Do NOT follow this link or you will be banned from the site!