evilbanks.co.uk

Financial experts issue dire warnings as Fed and Treasury continue to say they are “committed to a strong dollar”
Another prominent economist has warned that the bottom may soon drop out of the dollar completely as the currency hits fresh lows and continues to sink worldwide.
[ read article ]

Economists have warned that yesterday’s massive cash boost to the money markets by central banks might not stop the credit crunch becoming more entrenched.
Leading central banks swept into the markets, pledging to pump hundreds of billions of dollars into the disintegrating financial system. Stock markets rallied after the US Federal Reserve, the European Central […]

March 11 (Bloomberg) — The Federal Reserve, struggling to contain a crisis of confidence in credit markets, will for the first time lend Treasuries in exchange for debt that includes mortgage-backed securities.
The Fed said in a statement in Washington it plans to make up to $200 billion available through […]

March 1 (Bloomberg) — The dollar fell to the weakest ever against the euro and to a three-year low versus the yen after Federal Reserve officials signaled they will keep cutting interest rates to support the economy.
The U.S. currency dropped 2.4 percent this week against the euro, the […]

Hardly anyone’s noticed, but the frenzy of safe-haven bond-buying has just pushed real yields on US Treasuries below zero.
http://www.marketoracle.co.uk/Article2797.html 
“Call it spite if you must. But if the world’s No.1 currency – and the world’s No.1 source of debt finance – both fail to outstrip inflation, investors will slowly go mad. Mad enough, in fact, […]