But… but… a central bank can never lose money. Bzzzz, wrong. As it just so happens, the world’s most tragicomic farce of a central bank, and one which is about to officially lost its (faux) “independence” and become a branch of the Japanese government if the up and coming PM Abe has his way, the […]
We have waved goodbye to Bollard who did not see the 2008 crisis coming but do everything the same regardless and we will welcome a brand spanking new Governor (more on him in future posts), we will also see the birth of a brand spanking new Derivatives Clearing house (About which also more in future […]
Is this the man who will be the last reserve bank Governor or will it all collapse earlier? One thing is for sure as the Vice President and Treasurer at The World Bank Director, Financial Products and Services Department at The World Bank Treasurer of the New Zealand Debt Management Office and Deputy Secretary at […]
This is what the founding fathers of the US had to say about private banks running the money supply. Bollard who has been the unelected Rothschild representative running this country’s money supply needs to be replaced apparently. So here are the contenders. Anyone with knowledge about these individuals such as connections with the trilateral commission […]
Don Brash defends the separation of the finance world and the rest of us. Why I wonder is that? Why is the management of our money in the hands of an unaccountable unelected organisation without any of us having anything to say about money this country has because we worked and produced. Again you might […]
04/06/08 “ICH” – – He’s at it again. Bernanke, that is. Yesterday the Fed chief delivered a rambling 45 minute speech at the International Monetary Conference in Barcelona, Spain laying out all the reasons why the Federal Reserve is NOT responsible for the present crisis in the financial markets. Here’s what he said: “In the […]
