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central [1] |||defense argument ? that Enron didn?t really do anything illegal ? has been given

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Money is too Important to Trust with Central Bankers !

Sun, 17 Dec 2006 11:49:44 -0500 | marketoracle.co.uk

The late Nobel Economic laureate Milton Friedman once remarked, “Money is too important to be left to central bankers. You essentially have a group of unelected people who have enormous power to affect the economy. I’ve always been in favor of replacing the Fed with a laptop computer, to calculate the monetary base and expand it annually, through war, peace, feast and famine by, perhaps, a predictable 2 percent,” Friedman said. Financial chiefs from the Group of 20 industrialized and emerging economies could hardly believe their good fortune, as they huddled behind closed doors on Nov 19th. Central bankers from Great Britain, Canada, France, Germany, Italy, Japan and the United States, and 13 emerging economies, including Australia, Brazil, China, India, Russia and South Korea, implemented a joint strategy six months ago to derail the “Commodity Super Cycle”, and they hit pay dirt in the Fall of 2006.


[TS] Talking Business: Tipping Over a Defense of Enron

Fri, 05 Jan 2007 23:57:35 EDT | New York Times

A central defense argument ? that Enron didn?t really do anything illegal ? has been given new life by Malcolm Gladwell. And it isn?t remotely true.


Home Away: Buying in Central America

Wed, 10 Jan 2007 00:50:48 EDT | New York Times

From Panama to Belize and even Nicaragua, low real estate prices and the allure of life at a tropical retreat are drawing second home buyers to Central America.


Bank of Japan, in a Split Vote, Decides to Hold Rates Steady

Thu, 18 Jan 2007 00:39:27 EDT | New York Times

The nation?s central bank apparently concluded that the economy was too weak to bear a rate increase.


Bank of Japan Decides to Hold Rates Steady

Thu, 18 Jan 2007 07:32:56 EDT | New York Times

In an intensely scrutinized decision, the central bank concluded that the economy was too weak to bear an interest rate hike.


Central Banks Influencing Stocks, Bonds

Thu, 08 Feb 2007 19:04 GMT | TheStreet.com

Traders are watching the European Central Bank and Bank of England.


Japanese stocks finish flat following central bank rate hike

Wed, 21 Feb 2007 05:16:00 -0500 | CANOE Money

TOKYO (AP) - Japanese stocks finished flat Wednesday as the market shrugged off Japan's central bank rate hike.


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