Comments on: Central banks face crisis of confidence Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 By: Vipers52 Mon, 04 Oct 2010 14:11:10 +0000 Jekyl island,
An appropriate birthplace.

By: raulramos Sun, 03 Oct 2010 03:05:19 +0000 3 october 2010
the present administrations has still two years to reverse the economy and take
the right directions. if it is not done correctly, trust me any one who’ll assume the post or
take the presidency, will inherit a very huge, enormous problem,
and it is simply debt: inflation, more business will closed shop, unemployment,
bank foreclosures, so many will be homeless, and believe me,
cashless government. sorry to say, i’m talking of grim reality.
well, let’s hope for the better and seriously prepare for the worst.
God bless . . . . . . . raul

By: gramps Wed, 29 Sep 2010 16:28:52 +0000 good article..thanks..

By: yr2009 Wed, 29 Sep 2010 13:31:53 +0000 Like the middle class in the US, national central banks may be yet another class of victims of globalization…

By: Gotthardbahn Wed, 29 Sep 2010 13:14:21 +0000 As usual, another excellent, well-written article by Mr. Kemp.

It has become clear that monetary policy has reached the limits of its effectiveness. Craven politicians have abdicated their responsibilities to their respective central banks. Fiscal policy, certainly in America, is an absolute mess and in the hands of rank tyros. Surely, by now, the worthlessness of Keynesian ‘stimulus’ policies should be evident to all.

Obviously there are no magic solutions to these problems, but Mr. Obama constantly threatening tax hikes, onerous regulation and pie-in-the-sky legislative reforms – like cap ‘n’ trade, for instance – hardly generates confidence among those who make the decisions to commit long-term capital. The change required in America starts at the top.