cognitive dissonance and Bank of International Settlements

I am reading the BIS annual report, then the English-language press, then Russian-speaking. impression of the first – good ideas in general, but wrong strategy (as was the case with European officials with budget austerity measures) – you need to push on the states, and not on cb. impression of the second, hysteria with “printed money” non-existent, but the adequacy is at an acceptable level. impression from third – “do not read, but I condemn, we will fight the dollar, as an instrument of imperialism, Amen”!

and some fresh ideas in the field of macroprudential
I don't see politics yet.

  Intraday Jena
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