Friday, February 13, 2015

The World's Currency Wars Are Spreading



Bloomberg: Central Banks Now Open 24/7 Fighting Currency Wars and Deflation

Central banks are now open all hours.

Just as they worked weekends through the financial crisis, policy makers are again signaling they can strike at any time for the good of their economies.

Spooked by the threat of deflation, Sweden’s Riksbank became the latest to put investors on alert when it said on Thursday that it’s “prepared to do more at short notice” after cutting its main interest rate below zero and unexpectedly saying it will buy government bonds.


More News On The World's Currency War

Sweden cuts rates below zero as global currency wars spread -- The Telegraph
Central Bankers Ramp Up Currency Wars -- WSJ
Currency war: Who will be the casualties? -- CNBC
The Currency Wars Look Real, and the Prospects Could Be Grim -- WSJ
America's Losing the Currency War -- Leonid Bershidsky, Bloomberg
Deflation, Interest Rates and Currency Wars -- Market Oracle
One-Two-Three-Four, Who Declares a Currency War? -- Fischer Investments
Switzerland Rejoins Currency Wars -- Bloomberg
The Currency Wars’ “Pearl Harbor” -- Daily Reckoning
Currency Wars Have a Nuclear Option -- Mark Gilbert, Bloomberg

WNU Editor: Shades of the 1930s?

1 comment:

James said...

Sung by policy makers and central bankers everywhere:
https://www.youtube.com/watch?v=XiTh8UpbeEI