Relevant:
- Little Sign of Relief in Interbank Markets Despite Massive Intervention
- GATA figures heavily in Financial Times report on gold
- Chris Powell: And was Jerusalem builded here?
- Egyptian Central Bank Intervenes To Prevent FX Rout
- "Government Policy Can Only Do So Much Against Fundamental Market Movements"
2010-07-27 — gata.org
``This is much like what people heard at GATA's Washington conference two years ago: "The main purpose of central banking now is to prevent ordinary markets from happening at all." That is, "there are no markets anymore, just interventions"''
read original article |
permalink to this page |
discuss |
|
RSS |
Subscribe by email! 
Comments: Be the first to add a comment