Good title
Whether or not one agrees with the contents of the piece written by Harding and Wilson in FT, one has to agree with their title, ‘Two against the world’. That is accurate. The advantage of giving up...
View ArticleObsessions are blind
A good friend sent me two articles from the American press and asked for my comments. I thought it is a good opportunity to share both the articles and my comments. One is by the well-known Dr. Paul...
View ArticleHumour of the year
One normally does not look at the Minutes of the Meeting of Central banks for a glimpse at the lighter side of life. But, the loss is ours. We might be missing gems such as this one, from the Minutes...
View ArticleThe fear of the printing press
Good friend Ramana and batchmate from IIM-A days sent me the link to an interesting piece by Richard Evans on the historical background to the German aversion to inflation and their inflation phobia....
View ArticleMonth-end lipstick effect
In the famous Tamil film, ‘Indian’ that was released in the 1990s, actor Kamal Hassan played the role of an aging ex-freedom fighter who kills corrupt officials and government servants. In the movie,...
View ArticleUneasy Davies
Before I delve into the blog posts of Gavyn Davies, I shall give him his due first. He is uneasy and uncomfortable with the unprecedented central bank support to the financial systems on either side of...
View ArticleClik here to view.
Mindboggling non-sense
At the end of its two-day policy meeting on January 25th, the Federal Reserve revealed its new communication strategy. It will now share with us all the forecasts made by all of the voting members of...
View ArticleWhat chances do we have?
I slept well on Thursday night. Could have slept longer, had the early morning rains on Friday in Singapore not intervened. There should be a ban on thunders at 5 A.M. But, whatever residual sleep I...
View ArticleLikely messy
Two weeks since I blogged here. One of those spells. Interesting that the last blog post was on the day after Ben Bernanke (BB) testified to the Joint Economic Committee of the U.S. Congress. Financial...
View ArticleA century of the Federal Reserve
Ben Bernanke, the Chairman of the Federal Reserve Board, had given a speech at the National Bureau of Economic Research at Cambridge, Massachusetts yesterday on 100 years of the Federal Reserve. The...
View Article
