Monthly Archives: November 2014

ECB and QE: Asking for sparkling water when all they will give you is the miserable punchbowl

Much is being made of the ECB Governing Council’s debates about whether it would ever be prepared to do Quantitative Easing, buying outright member state sovereign bonds.  Draghi and a majority seem in favour of it, but not yet.  It … Continue reading

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Is the BoE making significant cultural advances post Stockton and McKinsey?

Scott Hamilton at Bloomberg, using a Freedom of Information Request, extracted the results of a staff survey conducted by McKinsey during its high-profile strategic review earlier this year.  [And see my earlier blog on the firework display at Carney’s Mais … Continue reading

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Anatole Kaletsky, and who was responsible for ‘saving the world’

Here’s a link to my post hosted at ‘Chunomics’, Ben Chu’s blog on the Independent newspaper’s website.  It takes aim at Anatole Kaletsky’s recent article arguing that central banks were a sideshow in the fight against the Great Contraction.

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