Comments on: A central banker’s ‘license to lie’ http://blogs.reuters.com/anatole-kaletsky/2014/01/30/a-central-bankers-license-to-lie/ Sat, 03 Jan 2015 16:42:55 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Earthtourist http://blogs.reuters.com/anatole-kaletsky/2014/01/30/a-central-bankers-license-to-lie/#comment-1580 Fri, 31 Jan 2014 07:33:20 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=817#comment-1580 Do Central Bankers ‘owe’ anything to greedy speculators, that are generously called ‘markets’ ? Why should there be any consideration at all for such non-productive members of society ?

]]>
By: sunnasutta http://blogs.reuters.com/anatole-kaletsky/2014/01/30/a-central-bankers-license-to-lie/#comment-1577 Fri, 31 Jan 2014 06:07:15 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=817#comment-1577 Why am I not surprised?

In the final analysis, wealth is nothing but an illusion and to believe in an illusion is basically an act of self-delusion. Where the economy is concerned, we want to listen to lies; in fact, we love to! When Central Bankers lie they are in fact not lying for the first time; it is just a case of a new lie created to cover up an old lie. If we stop believing in lies, the house of cards that we call the economy will simply crumble away!

]]>
By: seafloor http://blogs.reuters.com/anatole-kaletsky/2014/01/30/a-central-bankers-license-to-lie/#comment-1576 Fri, 31 Jan 2014 05:46:00 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=817#comment-1576 @Kahnie
After you’ve declared your opinion about gamblers, for a better understanding you should check out the trading system. Sure there are a lot of speculators. Banks and hedge fonds are often the worst. Although insider chat rooms are mostly forbidden now, the manipulation of the markets is still their daily business. Nonetheless, there are still some traders alive.
In my opinion Mr. Bernanke has bankrupted many smaller us banks for the good of the big. The QE programs have been the less efficient programs ever. He could have thrown the money better with helicopters instead of giving it to the rich directly. The banks were bailed out for the wealth of the people. Germany has bailed out its banks with trillions. The same is happening in Spain. There the ‘bankrupt’ banks still have enough money to buy all the real estates in the whole country. Not to mention Greece, it’s the worst betrayal ever worldwide.
Don’t forget, if the rich become richer, it’s also good for the poor, because they give 10% back of the 120% they’ve stolen from you.

]]>
By: Kahnie http://blogs.reuters.com/anatole-kaletsky/2014/01/30/a-central-bankers-license-to-lie/#comment-1575 Fri, 31 Jan 2014 04:28:31 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=817#comment-1575 Central Bankers look out for what they think is best. It’s called monetary policy and is aimed to aid, abet and protect the banks, especially the FED regarding the big banks. Read the early history of the FED. It’s not the job of central bankers to do good or evil to investors. Investors are gamblers. They are Las Vegas gamblers on steroids. The fund managers, financial advisors are in the business to help themselves, not anyone else. An investor is a gambler. I have no sympathy for them nor do I care for the Central Bankers whose interest is the Banks. Don’t blame the Central Bankers for investors problems. Those problems are the problems of all gamblers.

]]>
By: CommanderOtto http://blogs.reuters.com/anatole-kaletsky/2014/01/30/a-central-bankers-license-to-lie/#comment-1574 Fri, 31 Jan 2014 03:13:32 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=817#comment-1574 …. are posts approved or something? I dont see my comment!

]]>
By: seafloor http://blogs.reuters.com/anatole-kaletsky/2014/01/30/a-central-bankers-license-to-lie/#comment-1573 Fri, 31 Jan 2014 03:05:41 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=817#comment-1573 To be more specific. There wasn’t any us-trader, who bought dollars versus euro.

]]>
By: seafloor http://blogs.reuters.com/anatole-kaletsky/2014/01/30/a-central-bankers-license-to-lie/#comment-1572 Fri, 31 Jan 2014 02:37:43 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=817#comment-1572 Sometimes I envy people, who are able to lie.

]]>
By: seafloor http://blogs.reuters.com/anatole-kaletsky/2014/01/30/a-central-bankers-license-to-lie/#comment-1571 Fri, 31 Jan 2014 02:35:15 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=817#comment-1571 Besides all speeches and stats the tapering move has spoken his own language yesterday. There wasn’t any us-trader, who bought dollars.

]]>
By: Dr_Steve http://blogs.reuters.com/anatole-kaletsky/2014/01/30/a-central-bankers-license-to-lie/#comment-1570 Fri, 31 Jan 2014 01:56:10 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=817#comment-1570 Anyone remember Jose Lopez Portillo, el Presidente of Mexico saying, “Defendere el peso como perro”? I will defend the peso like a dog. Soon thereafter the peso was devalued by 500%. Those who do not learn from history are doomed to relive it.

]]>
By: walstir http://blogs.reuters.com/anatole-kaletsky/2014/01/30/a-central-bankers-license-to-lie/#comment-1569 Fri, 31 Jan 2014 01:49:15 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=817#comment-1569 “central bankers possess a “License to Lie” — or, putting it more diplomatically and politely, to make promises about the future that cannot be honored and often turn to be false”

Doesn’t this license apply to politicians in general rather than just central bankers. They are generally attempting to create and shape the situation rather than simply reporting the situation.

]]>