
“Every two months, more than a dozen bankers meet here on Sunday evenings to talk and dine on the 18th floor of a cylindrical building looking out on the Rhine. The dinner discussions on money and economics are more than academic. At the table are the chiefs of the world’s biggest central banks, representing countries that annually produce more than $51 trillion of gross domestic product, three-quarters of the world’s economic output. Their monetary strategy isn’t found in standard textbooks. The central bankers are, in effect, conducting a high-stakes experiment.”
http://www.economicpolicyjournal.com/2012/12/sniffing-scent-of-white-orchards-mit.html
Related posts:
Candidate Obama Debates President Obama On Government Surveillance
Kansas Couple SWAT Raided After Tea Was Mistaken for Marijuana
Federal Reserve Spies on France
The FED’s Dilemma
Bryan Micon Speaks Up About Bitcoin, Butterfly Labs and SealsWithClubs
Microsoft allows Bitcoin trading app on Windows Phone 8
Walmart Shoppers: Pay 15% More to Give Workers a Raise. No Takers?
Pennsylvania Cops Raid Elderly Couple for Marijuana Plants That Weren't
Chamath Palihapitiya Owns $5 Million In Bitcoins, Wants $10-$15 Million
Spontaneous Speed Camera Destruction
Chinese Brokers Now Selling Margin Loan-Backed Securities
County sheriff has used stingray over 300 times with no warrant
NRG Energy Deploying Dean Kamen’s Solar-Smart In-Home Generator
Fed Puzzle: The Massive Collapse in Money Velocity
SecondMarket’s bitcoin offering defines new asset class