This page has been archived and commenting is disabled.
Chart Of The Day: 150 Years Of Global Monetary Policy
While everyone debates if the Fed will, once again, be wrong in its forecasts about a rate hike cycle starting some time in mid-2015 (spoiler alert: it will be), we decided to take a look in the other direction.
The chart below shows the key global events that have influenced monetary policy for the 4 major legacy central banks: the US, UK, Germany and Japan since the mid-19th century. Because if there is one thing to "learn" from the history of monetary policy it is that there is nothing to learn from the history of monetary policy: after all, "this time is always different" when the voodoo priests in charge of it all try to make a bubble-blowing, kneejerk-response "science" out of something that only a mother could call art.
Source: Goldman
»
- 15798 reads
- Printer-friendly version
- Send to friend
- advertisements -
Those rates will never go up.
They must go up, yet they cannot.
This has so far, worked out so very well.
So it should be ever so great from here on out.
There'll be no charge for that comment, you can use it all day, with or without attribution, Mr Liesman
Tell that to Detroit..
Rates will go up and people will be bankrupted so Goldman and Morgan can seize society's hard assets for cheap - that loot wasn't stolen to hit keys on a keyboad.
I really don't get that mass delusion that has taken over the hive mind of society.
This fraud is sooooooo elementary.
1. Make money debt
2. Steal all the money leaving society with the debt and not enough money to cover the debts
3. ??? = Bust the debtors when they least expect it.
4. Own the physical world and those you stole it from DON'T EVEN KNOW IT AND, IN FACT, THINK THE THIEF IS TOO STUPID TO BE EVIL!
Does anybody remember pouring over the chapter in your econ textbooks in which they say that the cost of capital--arguably the most important of all commodities--is best set by commttee? I'm sure I put a bookmark in there and maybe even some highlighting, but I can't seem to find that discussion now...
Keynes was a big central planner.
Most text refer to the FOMC, buying and selling paper from member banks to set the money supply and increase “liquidity” in the markets. The Fed sets the Fed Funds rate and the discount rate. Also mentioned is the reserve requirement. The FOMC is the Star Chamber.
I am at the point now when I teach about “leakages” in the circular flow diagram I really have to control myself from laughing out loud. It gets harder as time goes on. Complete crap in these textbooks.
I am at the point now when I teach about “leakages” in the circular flow diagram I really have to control myself from laughing out loud. It gets harder as time goes on. Complete crap in these textbooks.
And you teach it?
flatline 101.
I knew it wasnt my imagination. .im no doctor (tho I play one in my shed) , but that definitely looked like your typical 'flatline' to me.
At least what I recall from TV.
not if they want to continue living.
Hmm...and Andrew Jackson's last Presidential term ended in 1837.
http://www.themoneymasters.com/the-money-masters/famous-quotations-on-banking/
"Monetary Policy"?? Or "Just Guessing"??
As soon as the rates go up, the economy goes down. But keeping the rates down will never heal the economy.
Listen Dweller.
The other day I saw my dog chasing his tail.
He never caught it. Prolly by design but not sure.
OH!
poetry t.
p
A little bit more context would be welcome for this chart. How can the US have a policy rate prior to 1913 when we had no central bank?
The FED is truly damned if the do and damned if they don't. They know that, the ZH community knows that, but most of America has no idea what is coming. And they don't care, because if it is not talked about on 'The View' or 'Live! w/ Kelly & Michael', then it is not important. Ignorance is bliss ... until it is not.
NO, the Fed is a corporate front for the Debt Money Monopoly fascists... don't you worry about them.
They will be fine so long as they do what they are told.
You and yours, on the other hand, are in deep trouble.
Oh, and if you think Janet Yellen is trying to help the common person via her actions... well, then you are even worse off.
Look up the word "propaganda" and search "JP Morgan good reason real reason" in startpage.com.
Only chumps stop at the "good reason" that is NOT REAL!
all central bankers are fascists or fascist facilitators.
That's not a chart -- it's Apatosaurus entrails.
Public policy a fantasy
Parasite progeny a reality
Global colonic will set us free
Fuku Senryu (9:11:9)
https://imagizer.imageshack.us/a/img186/8252/satansatlogoaf1.jpg
Perhaps the reason why rates of interest on government fiat money are at or near "zero" is because that's exactly what government money is worth, "ZERO."
It is worth a LOT to those Debt Money Monopoly fascists that finance and control government.
Yes but look how many millions of Mid-Easterners their funding has helped kill.
Well then, there. That settles it. It's all good.
What we need is a plot, the correlation between the monetary base and brown people deaths.
What we have is a failure to communicate
The perfect chart to go with the one above, is the Global Market Capitalization by country, and their use of the USD in FX.
It would tell the story how the De-Dollarization might play out.
I like how the US is flatlining.
Sir, the patient is dead.