Articles NewsFlow Gold & Silver Prices Market Briefing

Recevez notre Marketbriefing

In the same category

dennyc
Member since May 2012
117 commentaries - 3 followers
Follows 2 members

3 followers

has posted a comment on the article :

Banks Punished For Central Bank and Political Errors - John Browne - Euro Pacific Capital

I don't know what current regulations he referring to. If anything, there's been much smoke and no fire when it comes to regulations (The Libor manipulation is the current joke). However, it has been proven time and again since 2008 that decreased capital requirements was one of the causes of the downturn. What he fails to mention, among other things, is that because of uber low interest rates, there's absolutely no incentive for the banks to lend for smaller startup projects. They're hoarding their cash and with good reason: When you're carrying all those derivatives on your books as assets, you'd better have something to fall back on when the rains come.

Commented 4218 days ago

Send

Beginning of the headline : In recent decades politicians have increasingly followed the Keynesian prescription of economic growth through continued government borrowing and the creation of undreamt of amounts of fiat money by central banks.To facilitate this process, the larger commercial banks have acted as the central banks' de facto distribution system, and as a result have grown ever larger while accepting progressively greater risks... Read More

Reply to this comment

You must be logged in to comment an article

8000 characters max.

	RSS feed		24hGold Mobile
	Gold Data Center		Gold & Silver Converter
	Gold coins on eBay		Silver coins on eBay
	Technical Analysis		Fundamental Analysis