Yves Smith hat eine Perle im Bericht der Zentralbank von Simbabwe gefunden:
Here in Zimbabwe we had our near-bank failures a few years ago and we responded by providing the affected Banks with the Troubled Bank Fund (TBF) for which we were heavily criticized even by some multi-lateral institutions who today are silent when the Central Banks of UK and USA are going the same way and doing the same thing under very similar circumstances thereby continuing the unfortunate hypocrisy that what’s good for goose is not good for the gander….
As Monetary Authorities, we commend those of our peers, the world over, who have now seen the light on the need for the adoption of flexible and practical interventions and support to key sectors of the economy when faced with unusual circumstances.
Tja, wer hätte gedacht, dass Simbabwe sich mal geldpolitisch mit den USA vergleichen könnte, und dabei auf den ersten Blick gut abschneidet? Der zweite Blick verrät dann aber, dass quantitative Unterschiede auch auf qualitative Unterschiede hindeuten können:
Between the 10th and the 20th of November, 2008, total fraudulent cheques we intercepted in the clearing system had risen to $60 hexillion ($60,000,000,000,000,000,000,000).