Central Banks

Roll Out the Fire Hoses (Here Comes QE4)

Never before in the long, comic history of mankind and its money have central bankers taken such a keen interest in asset prices. Now they create money, out of nowhere, for the express purpose of pushing them up.

Why Are TBTF Banks So Happy With The EU Banking Union?

According to the official story, the people of Europe will benefit enormously from the banking union; it imposes greater control and tighter regulation of the banks and saves taxpayers from having to bail them out. Or so it would seem.