Archive for February, 2014
Roll back the Bank of England
In: Uncategorized
17 Feb 2014All the talk about how the Bank of England should best pursue forward guidance has missed the bigger picture. The ever-greater powers assumed by the Bank in recent years represent an abnegation of democracy. This trend is objectionable in principle and damaging in practice. The rot had already started to become apparent back in 1997 […]
- Tags: Britain, economics, finance, Fund Strategy
No birthday wishes for the Fed
In: Uncategorized
4 Feb 2014Given the Federal Reserve’s role in keeping the American economy afloat in recent years its 100th anniversary has attracted remarkably little attention. The centennial of the central bank provides a good vantage point to examine the increasingly powerful institution. Anyone who doubts the Fed’s part in bolstering the economy in recent years need only look […]
- Tags: America, economics, finance, Fund Strategy
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