monetary policy
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Rothschild Family
Jacob Rothschild Emerges From His Crypt: “This Is The Greatest Experiment In Monetary Policy In The History Of The World”
Two months ago, the bond manager of what was once the world’s biggest bond fund had a dire prediction about how “all of this” will end. Now, it is the turn of another financial icon, if from a vastly different legacy – and pedigree – that of Rothschild Investment Trust Chairman himself, Lord Jacob Rothschild, who appears to be the…
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Finance
Russia Ends Dollar/Euro Currency Peg, Moves to Free Float
The Bank of Russia took another step towards a free float ruble by abolishing the dual currency soft peg, as well as automatic interventions. Before, the bank propped up the ruble when the exchange rate against the euro and dollar exceeded its boundaries. “Instead, we will intervene in the currency market at whichever moment and amount needed to decrease the…
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