Central banking for fun and profit – The Economist (blog)

Central Banking (subscription)

Central banking for fun and profit The Economist (blog) CENTRAL banks earn hefty profits. They own assets with a positive nominal yield and fund themselves by creating either reserves or currency, which yield next to nothing. In most countries, these profits are remitted to the fiscal authority. After all … Sir Mervyn King sets out scale of task facing new governorFinancialNews.co.uk King grilled over £37bn grabbed by UK TreasuryCentral Banking (subscription) all 69 news articles »

BANKING – Google News

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3. Contrary to Rumor, Central Banking Is a Political Act – Bloomberg
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5. European Central Bank May Get Merger Veto in Banking Union Plan – Businessweek