Ex-MEP Godfrey Bloom Exposes Banking System as a Scam in European Parliament
The banking system, according to Godfrey Bloom, is a scam that has been operating for centuries. It involves financial institutions, such as banks, manipulating the money supply and engaging in risky practices that can lead to economic crises and financial collapse. One way that banks have historically been able to carry out this scam is […]
Bank of England warns on cryptocurrency risks
A top Bank of England official warned the BBC that fast-growing crypto-currency assets might represent a threat to the current banking system. Although Bitcoin is not now owned by much of the wealth of UK families, it is becoming more popular, according to deputy Bank governor Sir Jon Cunliffe. It may have a knock-on impact […]
Which central banks have the biggest footprint in the Forex Market?
With the dollar turning into a safe haven during the pandemic, risk appetite has become one of the most crucial elements for the FX market. The other main variable is interest rate differentials. In this piece we examine how much firepower each central bank has unleashed and what that implies for currencies. The Fed has […]
Central Bank Leaders Embrace Climate Concerns as Key Policy Objective
Top central bank leaders said Thursday climate-change risks are an increasingly important consideration in their thinking about their respective economies and financial systems, and that environmental concerns also are increasingly a factor in their monetary policy considerations. Central bank officials must look at climate change issues as they “relate to monetary policy and impact on […]
Canadian Consumers perceive higher inflation ~ Bank of Canada
OTTAWA — A sizable segment of the Canadian population believe inflation is higher than the actual measured rate, and that is partly attributed to a run up in housing prices in major Canadian cities, a senior Bank of Canada official said. Lawrence Schembri, a deputy governor at the central bank, said the central bank must […]
Australia Monetary Policy at Full Throttle, RBA Governor Says
SYDNEY–Reserve Bank of Australia Gov. Philip Lowe said Friday that monetary policy is at, or close to being at full throttle, adding that government spending and structural reforms are needed now to fight off the economic downturn brought on by the Covid-19 pandemic. Speaking before a parliamentary committee on economics, Mr. Lowe said monetary policy […]