Alasdair Macleod: Cooperation between central banks

Section:

10:13a ET Saturday, November 16, 2013

Dear Friend of GATA and Gold:

The Federal Reserve is providing easy money not only to financial institutions in the United States but also in Europe, GoldMoney research director Alasdair Macleod argues in his commentary this week.

"The logical implication from the Fed's and the Bank of England's actions is that interest rate policies are being managed with the weakest in mind. Therefore the course of prices and bank lending in the eurozone could be regarded as the current determinant of when tapering will be introduced by the Fed."

Of course all this control or regulation of the value of all capital, labor, goods, and services in the world is being undertaken in secret with little explanation to the public or markets and less accountability to democratic institutions.

Macleod's commentary is headlined "Cooperation Between Central Banks" and it's posted at GoldMoney's Internet site here:

http://www.goldmoney.com/research/research-archive/cooperation-between-c...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.



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