Jesse's Café Américain

"The more power a government has the more it can act arbitrarily according to the whims and desires of the elite, and the more it will make war on others and murder its foreign and domestic subjects. Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse."
R. J. Rummel, Mass Murder and Genocide, 1994

Showing posts with label ECB. Show all posts
Showing posts with label ECB. Show all posts
14 October 2014

Comparing One Dimension of the Policy Responses of the ECB and the Federal Reserve

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Here is a chart comparing the Balance Sheet Assets of the Fed and the European Central Bank. It is important to recall that the Fed ha...
25 August 2009

Next Head of the European Central Bank a Goldman Sachs Alumnus or Buba's Head Boy?

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The German patience with the EU is admirable. And in the States, the patience with the rule of Wall Street and the hagiographic praise of Ch...
14 January 2009

ECB to Consider Rate Cut at its Thursday Meeting

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The European Central Bank will be meeting tomorrow to consider a change in the Euro interest rate target. The market widely expects a 50 bas...
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