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Who says monetary policy is boring?
Greece may be careening toward default amid growing concern that the
global financial system is again ripe for a crisis, but spirits were lifted
yesterday when activist Josephine Witt paid a visit to the European Central
Bank policy committee as they gathered in Frankfurt.
 
See here,
here,
and here for more on this
important development, highlighted by some amusing photos of an
understandably alarmed ECB chief Mario Draghi after Ms. Witt (with her low
rise jeans and thong underwear) jumped up on top of the conference table
where Draghi was sitting, about to explain the policy committee’s latest
thinking.
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Tim Iacono is the founder of Iacono Research, a subscription service providing market commentary and investment advisory services specializing in commodity based investing.
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