And he cautioned against central banks flooding the financial system with too much liquidity.
You advocate doing away with central banks and limiting currency issuance to the amount of foreign reserves.
The situation was different with short-term bonds, as central banks around the world pushed down overnight lending rates.
Those who see higher prices point to the recent monetary easing by central banks.
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Ratings are, for instance, used in evaluating capital standards and in central banks' collateral-eligibility rules.
Central banks are gearing up to fight the fight, but they're in a real bind.
The best gauge for central banks is commodities--they are the first to feel monetary disturbances.
They say central banks are supporting failing government policy by printing more money and devaluing currencies.
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But the role of overly stingy central banks in hurting economies should not be overlooked.
Foreign central banks financed the remainder of our external deficit by also piling up dollar reserves.
Central banks in the developing world are now worried that falling currencies will exacerbate inflationary pressures.
Then central banks resorted to quantitative easing (QE), a polite term for the creation of money.
Nor is it clear how ready other central banks are to use these new powers.
In loaded week, risk assets found support in improving earnings and support from global central banks.
The Central Banks of the world are the only game in town, it seems.
All central banks around the world held U.S. Treasury bonds as their reserve asset.
Against this backdrop, Winmill sees people pouring into gold, from retail investors to central banks.
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In his academic career, he favoured the idea of central banks setting strict inflation targets.
Mark Carney also thinks there are limits to what central banks can do to restore growth.
The first says that central banks should get their hands dirtier during liquidity crises.
In practice it behaves much like central banks, for whom controlling inflation is the only mandate.
Furthermore, central banks will now be more intricately involved in the unwinding of the credit mess.
Longer-term, with central banks printing money it is ultimately inflationary, which is supportive to gold.
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Governments and central banks have supported the recovery with huge fiscal deficits and near-zero interest rates.
There was a growing fear that foreign central banks would have a run on gold.
Just consider the money printing by central banks going on all around the world.
Of course, central banks know about the difficulties that surging and plunging asset prices can cause.
When credit booms show up in inflation, central banks are typically quick to react.
Central banks around the world unleashed a tsunami of cash during the third quarter.
Oddly, those collateral requirements are established, not by the ECB, but by the national central banks.
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