Category Archives: Economics

Central banker with a twist

The ECP lyrics I

Down, down the value chart Euro soon has its heart attack Pray, pray the bull will come And our money troubles overcome

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Aaaa_help needed (for Greece part 4)

Greece gets finally help from many Who is next? worries Germany No hope to heal this economic wound If even Soros says that euro is doomed!

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Aaaa_help needed (for Greece part 3)

Greece has to handle this European ban Some money may give Dominic Strauss-Kahn Old continent needs to solve all this bund For future might help their monetary fund

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Monetary genesis

In the beginning God created sterling and the franc. On the second day He created the currency board and, Lo, money was well managed. On the third day God decided that man should have free will and so He created … Continue reading

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Aaaa_help needed (for Greece)

Can someone help them, please. New “books” are needed in Greece. Nobody knows how to make min debt from max. Guidelines? P.O.Box- Goldman Sachs.

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“You’re fired!” Part 3(the last one)

At last there is an end to the stormy story of a governor of central bank in Argentina. Mr Redrado decided to quit his job few days ago, and thus he accepted the status quo that Argentina does not have … Continue reading

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“You’re fired” part 2

From recent information, Martin Redrado, (un)officially fired governor of the central bank of Argentina, has not been let inside the building (based on info in Financial Times, 27 January, 2010)

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Two times lucky

BY the decision 70-30 the U.S. Senate re-elected Ben nernanke for the second 4-year term as the governor of the Federal Reserve System. You can read it for example here: http://www.nytimes.com/2010/01/29/business/economy/29fed.html?ref=business from NYT: “The 70-to-30 vote was the weakest endorsement … Continue reading

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Folly of forecasting…(from FT, January 18, 2010)

Forecasts are very important in macroeconomics. Very important for example in central banking. Ekhm… I have (tried) worked with forecasts and let me quote here Mr Montier (taken from Jonathan Davis, Financial Times) “Frankly, the three blind mice have more … Continue reading

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Fernandez de Kirchner says: “You’re fired”

Argentina is in the centre of central banking interest, again. Country’s central bank chief, Martin Redrado has been dismissed from its position for refusing repaying country’s international debt. In the history of Argentinian central bank, the “misconduct of central bank” … Continue reading

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