Monthly Archives: May 2013

Quote of the Day

That we are witnessing strange and dangerous deformations of the capitalist system, if we can still even call it capitalist, and that new bubbles are being blown everywhere, is not only evident by the increasingly grotesque dichotomy between a woefully … Continue reading

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The Monarchs of Money

An interesting look at the role of central bankers from the CBC, Canada’s public broadcaster:

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George Osborne warning us about the Bank of England?

In 1997, the Bank supposedly went independent. Of course, a central bank by its very nature is anything but independent. Ask Goldman Sachs. However the Chancellor of the Exchequer is still required by law to give advice to the Bank … Continue reading

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