Central Banks

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Daniel Lacalle

The only lesson for the United Kingdom is to remember that if you follow Greece’s economic policies, you get Greek debt, unemployment, and growth.

Douglas French

The world seems to be on fire, and much of the trouble comes from the efforts of central banks to suppress interest rates. No one understands that problem better than British historian Edward Chancellor.

Frank Shostak

What happens when banks lend money? It depends the lending process itself. If lending comes about because of an expansion of credit, then it creates problems.