“‘Everybody is trying to weaken their currency at the same time. The Swiss have got away with it and now the Japanese want to try. The Sandinavians are pulling their hair out. The Turks are cutting rates even though the economy is overheating, and putting in credit controls instead because they don’t want the currency to rise. Policymakers are doing things that if you had suggested four years ago they would have put you in a straitjacket and thrown you in a cell. I don’t rule out anything any longer in this market. Desperate times lead to desperate acts,’ said David Bloom, currency chief at HSBC.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Turning urine into brain cells could help fight Alzheimer’s, Parkinson’s
Bakken Oil Explorers Told to Cut Flaring or Face Oil Production Caps
Suicide of Deloitte partner Daniel Pirron linked to Standard Chartered's Iran scandal
Teenaged entrepreneur denounces business-limiting French laws in Quebec
US agencies spied from 'false facade' on roof of Geneva mission
Gun Owners Promote Open Carry With Demonstration In Fort Smith
Police group receives donation from Taser stun-gun maker
People have bought or sold $100,000 in Bitcoins from a Vancouver ATM
Bitcoins Buy a $500,000 Villa in Bali
Walmart tells India it can’t buy enough local products for new supermarket
Could China make or break bitcoin?
Turkey becomes partner of China, Russia-led Shanghai Cooperation Organisation
Australian public programming questions value of reading to children
Airbnb loses thousands of hosts in SF as registration rules kick in
Bitcoin exchange to open shop in Cyprus