Why Angela Merkel Hates Tax Competition
Europhiles like Angela Merkel are panicking over the idea that the UK and the US might reduce taxes and provide tax havens outside the EU.
Europhiles like Angela Merkel are panicking over the idea that the UK and the US might reduce taxes and provide tax havens outside the EU.
Every year the Fed remits its profits to the US Treasury every year. A drop in Fed profits means less for the US Treasury.
Mark Carney seeks to defend the trustworthiness of the banking industry. He misses the systematic problem of central banking.