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June 11, 2026

Month: September 2017

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Central Banks and The Things They Get Up To

Tuesday, 05 September 2017 | 1:56 pm by Burnham Banks
Analgesics are addictive. The US Federal Reserve has cut rates to address every downturn but sows the seeds of subsequent downturns so it can never quite normalize rates before the next crisis occurs. Analgesics are very addictive. Before 2008, the Fed used interest rates to manage the speed of the economy. It has now discovered
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Ten Seconds Into The Future

“Hello. I’m Burnham Banks and I studied economics in the late 80s and early 90s. I’m still studying economics today and am still no wiser. This blog is a journal, a record of my thoughts and experiences. If we are destined to repeat our mistakes, we should at least repeat them faithfully. If not, then perhaps the past is a mischievous guide and we should try something new.”

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