Another new week, another day with not much going on. So much, or rather little so, that in its daily wrap Citi starts off with the following: "Pop Art pioneer Andy Warhol, who once said “I like boring things”, would have been a huge fan of today’s session thus far. Though several events of note linger on the horizon for later this week, G10 is firmly on the beach as of this morning."
Via GEFIRA.org,
The following article is based on Francesca Totolo’s research published on lucadonadel.it.
Open Borders, Media Censorship
Authored by Don Quijones via WolfStreet.com,
But the IMF has suggestions on how to win the War on Cash...
In January 2017 the European Commission announced it was exploring the option of imposing upper limits on cash payments, with a view to implementing cross-regional measures as soon as 2018. To give the proposal a veneer of respectability and accountability the Commission launched a public consultation on the issue. Now, the answers are in, but they are not what the Commission was expecting.
Authored by John Mauldin via MauldinEconomics.com,
“The job of the central bank is to worry.”
– Alice Rivlin
“The central bank needs to be able to make policy without short-term political concerns.”
– Ben Bernanke
“… from the standpoint of the overall economy, my bottom line is we’re watching it closely but it appears to be contained.
– Ben Bernanke, repeatedly, in 2007
We didn’t need any more data to definitively expose the many shortcomings of the US-led global prohibition on narcotics – but we got one today, courtesy of the United Nations Office on Drugs and Crime.