“Loading central banks with more tasks and pressing them to pursue more aggressive monetary policies could risk a round of competitive devaluations, European Central Bank policymaker Jens Weidmann said on Monday, citing pressure on the Bank of Japan. Weidmann is the latest in a string of policymakers worldwide to warn of the threat of a ‘currency war’ as central banks pump out cash to support their economies, reducing their value in the process.”
http://www.reuters.com/article/2013/01/21/ecb-weidmann-currency-idUSL6N0AQCMF20130121
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
(Visited 32 times, 1 visits today)
Related posts:
The Stocks China’s Rescue Fund Is Buying
The criminal-justice system is bad at correcting, or learning from, its mistakes
Calif. legislature will force schools to teach Russians hacked 2016 election
Republicans Move Convention Delegate Vote To Time With No TV Coverage To Hide Ron Paul
Twitter flash crash: Fake White House bomb report causes stock market panic
Gold Investors Seek Alpine Haven in Swiss Army Bunkers
In Bitcoin we trust: The Berlin district where virtual currency is as easy as cash
ACLU takes CIA to court over drone strikes
Snowden spy squabble deepens as U.S. is accused of hacking China
GOP bid to rewrite tax code falters
Delta and Virgin Atlantic venture gets tentative immunity from antitrust laws
PetroChina to join Exxon on giant Iraqi oilfield
Could China make or break bitcoin?
Bangladeshi student sentenced to 30 years in prison for FBI plot to blow up the Fed
Fourth-grader suspended after using magic ring from 'The Hobbit'