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Tag Archives: bank of japan
Forecasting for Dummies
Peter Zoellner is Head of the Banking Department at the Bank for International Settlement (BIS). He holds a PhD from Vienna University of Economics and Business Administration. Over the weekend, he told the ACI Financial Markets Association congress in Berlin … Continue reading
Posted in Inflation, MN Gordon
Tagged bank of japan, central bank reserves, collapse, dollar, world reserve currency
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What Is Really Backing the Dollar
Japan can’t seem to catch a break. In February, they notched their 20th straight monthly trade deficit. Like America, Japan now imports more than it exports. In other words, as a country, Japan grows poorer each month. This, alas, was … Continue reading
Posted in Inflation, MN Gordon
Tagged bank of japan, currency, dollar, european central bank, janet yellen, yen
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Programs to Control the Uncontrollable
Things are melting up – and melting down – the world over. What’s more, summer’s only just begun. While Americans were dreaming of block parties and beach bashes as they punched out for the Independence Day holiday Wednesday afternoon, Cairo … Continue reading
Posted in Government Debt, MN Gordon
Tagged bank of japan, bubble, currency, debt, default, oil prices, yen
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The Mad World of Money
About 4.4 million workers disappeared from the labor pool over the last four years. Where did they go? No one quite knows, exactly. They don’t show up in the unemployment numbers. But they do exist, hidden behind the statistical shadows. … Continue reading
Posted in Inflation, MN Gordon
Tagged bank of japan, ben bernanke, bubble, congress, debt, federal reserve, monetizing debt
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