Central Banks - Money Morning Australia

05/02/2019

Royal Commission Judgement and What It Means for Banks

If you haven’t kept up with all the findings from the royal commission, here are a few of them… We found out AMP charged customers for services they didn’t receive. Then they lied to ASIC about whether they provided those services or not.

Harje Ronngard

28/01/2019

Why Going Local Will Save Banking

What we really need to fix our banking system is far smaller banks and less regulatory help for the Big Four. With lots of small local banks, local economies can thrive.

Harje Ronngard

29/11/2018

This Occupancy Has Better Accuracy Than Central Bankers

Central bankers don’t know what higher or lower interest rates will do. They have some idea. The US Federal Reserve, for example, is often confident when they hike or lower interest rates.

Harje Ronngard

23/11/2018

You Pay a Hefty Price for Central Bankers’ Folly

How much do you think central bankers make? Most of these people are rich before they ever enter the role. And when they leave, they accumulate even more wealth as a consultant, book deals, etc.

Sam Volkering

15/11/2018

Read This if You’ve Ever Been Mad at Bitcoin

Many will tell you crypto's are one big scam. Some will happily explain it’s the future of money. Some love it, many hate it. But the real question is why do the haters hate it with such vigour and bite?

Harje Ronngard

05/11/2018

Don’t Blame October, Blame the Banks

No, it’s not October you should blame for our recent decline. You should blame those who allowed asset prices to get so high in the first place. Blame the banks.

Sam Volkering

25/10/2018

What Will it Take for Crypto Mass Adoption?

Money in itself is whatever we all decide to accept, but also it’s whatever the central banks decided we should accept. A central bank for instance could decide that thin pieces of plastic will no longer be money.

Harje Ronngard

22/10/2018

Bitcoin Isn’t the Biggest Threat to Banks…

I don’t think bitcoin is the biggest threat to banks. Instead they should be far more worried about two tech giants growing in the East. I would argue this is an inevitable move.

Ryan Clarkson-Ledward

03/10/2018

Westpac Share Price Hits Five-Year Low

At time of writing, shares of Westpac Banking Corporation [ASX:WBC] are marginally lower today, trading at $27.15. However, this share price is its lowest return in five years.

Greg Canavan

24/09/2018

Why Bankers Are the Greatest Thieves in History

Last week, Assistant Governor of the Reserve Bank of Australia made a speech about money and credit. Sounds boring, right? Well, that’s what the bankers would like you to believe...