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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 414.48+0.7%Jan 9 4:00 PM EST

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To: elmatador who wrote (22069)9/7/2007 8:48:59 AM
From: Elroy Jetson  Read Replies (1) of 219234
 
It is not the job of a central bank to reassure markets.

Perhaps in Brazil you can make idiotic stock market investments and count on the central bank to refund your investments once you have piled up losses. Brazil may very well be that corrupt and its residents so child-like that they always insist on being made whole.

In other nations, it is not the role of the central bank to reassure markets, even though degenerate investment firms may insist that only central bank welfare for their firm can prevent catastrophe. They get to be adults and take their losses.

Perhaps you don't understand the meaning of the word "bank:.

Increasing bank insurance won't improved or worsen the problem, in spite of your diseased fantasies.

Next time you have a question, save yourself the embarrassment and mumble it to yourself.
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