The archive is catalogued by 'Economics', 'Politics', 'Mockingbird', 'And in other news' and 'Thoughts on other things' 

MarkGB 

"Who controls the food supply controls the people; who controls the energy can control whole continents; who controls money can control the world" - Henry Kissinger

and yet...

"Sooner or later everyone sits down to a banquet of consequences" – Robert Louis Stevenson

Good news is bad news for the Fed too

In response to an FT article by Shawn Donnan and Richard Blackden on 27th August 2015, entitled 'Strong US growth in Q2 poses rate conundrum for Fed'

http://www.ft.com/cms/s/0/98271e3a-4cb9-11e5-9b5d-89a026fda5c9.html#ixzz3k2Wg6CAq

When Dr. Yellen said 'the Fed is data dependent', this was in fact a typo. What she meant to say was 'the data is Fed dependent'. This has caused confusion throughout the bank and the rumours are that this latest data is definitely not what the doctor ordered. Poor Mr Dudley is now so confused he doesn't know whether to retract his previous statement or re-state his previous retraction.

Moving forward a member of the Fed backroom staff will be instructed to stay awake during Dr. Yellen's speeches in case the proof-reading department experience further problems.

Larry is reported to be miffed, but we can't say too much about that.

 

Janan Ganesh says politicians view themselves as 'products' - he's right

Chilcott enquiry - some more papers 'come to light'