Good Trader: Old Lady's Mean Machine 2007

Front Cover
Upfront Publishing, 2007 - Business & Economics - 156 pages
0 Reviews
This is the sixth, perhaps last, in the series of Good Trader market analyses. Since 2000, the bulletins have provided a running weekly commentary on the activities of the Bank of England and other central banks. This has never happened before in the 300 year history of the Bank. At the centre of a world of its own creation, the Old Lady has always sought vigorously, and until now successfully, to protect itself from the prying eyes of outside commentators. It has achieved this for the most part by providing its own version of events, backed by the supple Financial Times - nice work if you can get it. The proud Bank has always considered itself beyond the laws governing ordinary institutions. Just like the Met? Is it a criminal organisation? Borrowing the words of Lord Butler and ducking the point, it is not for the Good Trader to judge. Nor for anybody else. Etc. etc. But the defining coordinates of the enfranchised Bank, increasingly influential, indeed sinister, as a geo-political force, remain obscure. The bulletins trace the history of an idea, that of central banking independence. Simple in outline - allow the enfranchised local central bank to set interest rates - the concept has proven to be lethal in its application. It has brought the UK, crammed to the gills with debt in all the wrong places, virtually to its knees. Or onto its back. But not the Bank.The Old Lady rides a mean machine.

What people are saying - Write a review

We haven't found any reviews in the usual places.


Introduction Old Ladys Mean Machine
Bank of Englands Governor King In Deepest Trouble December 4 2006
London and Tokyo Take The US Down in Beijing? December 18 2006
World Markets Whipsaw In Fury January 8 2007
Brownovias Rumble In The Jumble January 22 2007
Bank Of Englands MPC Rends Asunder January 29 2007
Tokyo Calls In Its Markers At G7 February 12 2007
Governor King En Route? February 26 2007
Jittery Central Bankers Palter With Markets March 12 2007
Brownovia Hurtles Towards No 10 Final Fence March 26 2007
BoE Governor King Trades On The Edge April 2 2007
BoE Governor King Puts His Job On The Line? April 23 2007
BoEs Tucker Toots A New Tune April 30 2007
New Power Groupings Test Markets May 14 2007
European Central Bank Under Pressure May 21 2007

Common terms and phrases

Bibliographic information