Central bank Quote by James Surowiecki

“Political risk is hard to manage because so much comes down to the personal choices of policymakers, whether prime ministers or heads of central banks.”

James Surowiecki

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Central bank Choices Hard Manage Ministers Political Politics Prime Prime minister Risk

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Lack of confidence, sometimes alternating with unrealistic dreams of heroic success, often leads to procrastination, and many studies suggest that procrastinators are self-handicappers: rather…

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Downsizing itself is an inevitable part of any creatively destructive economy.

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In the business world, bad news is usually good news - for somebody else.

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You might think of consumption as a fairly passive activity, but buying new products and services is actually pretty risky, at least if you…

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Corporations hope that the right concept will turn things around overnight. This is what you might call the crash-diet approach: starve yourself for a…

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Instead of mindlessly tossing billions at or taking billions from the Net as such, investors should be spending their time making sure that it's…

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If you thought the advent of the Internet, the spread of cheap and efficient information technology, and the growing fragmentation of the consumer market…

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There's no debt limit in the Constitution.

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The financial crisis of 2008 was not caused by investment banks betting against the housing market in 2007. It was caused by the fact…

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A consumer-finance agency is a good thing, but it would do well to teach consumers a simple lesson: if you don't understand the deal…

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What corporations fear is the phenomenon now known, rather inelegantly, as 'commoditization.' What the term means is simply the conversion of the market for…

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Making loans and fighting poverty are normally two of the least glamorous pursuits around, but put the two together and you have an economic…

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'Inequality' has become the political theme/slogan of our time in both Europe and the U.S., yet political leaders do not even bother to consider…

Paul Singer

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There could be some compromise, but I think we have to stick to the provisions of the treaty, and the provisions of the treaty…

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There is no doubt in my mind that as central banks begin to abandon the dollar, there will be an enormous amount of monetary…

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Monetary policy transmission encompasses the whole continuum of interest rates; of course, the central bank only determines the overnight policy rate.

Urjit Patel

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The fear is that if the dollar falls below 50% of the currency basket held by commercial and central banks and insurance companies, there…

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Repeal the entire Banking Act of 1933, and Austrian School economists will cheer, especially if the current system were replaced by a 100%-reserve competitive…

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In the old days we were the challenger brand competing against the big banks, but today I go round the world and I sit…

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“The Fed is still on the same track.” Whatever you call it, the benign economic environment has supported a bull market since 2009, and…

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We've delegated politics to bankers. The European Central Bank is inside Deutsche Bank, and Deutsche Bank is inside the Bundesbank.

Beppe Grillo

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Believe me. When you're talking about trust in government, you're preaching to the choir, whether it's on the financial side, the central banking side:…

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Welcome to the age of paper money, where governments and central banks can manufacture as much money as they want without limit. Gold was…

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By creating the European Central Bank, the member states exposed their own government bonds to the risk of default. Developed countries that issue bonds…

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