viernes, 27 de abril de 2007

¿La independencia del BCRA nos defiende de Soros?

Artemio insiste que haga Doctrina.

Los amigos del Mercado insisten que el Central debe ser independiente de las presiones políticas.

En el etéreo mundo de las Finanzas, los Soberanos no tenemos que meternos, porque somos ignorantes.

A este ignorante le parece que la sabiduría de los conocedores no alcanza para controlar a los astutos, como el amigo Soros.

Él quebró al Banco de Inglaterra, salto la banca de la rula en U$D

No podemos decir que los que manejaban el orgullo del Neoliberalismo fueran ineptos.

Es que estaban tan concentrados en defender la independencia del humor político del pueblo ingles, que el filántropo los agarro descuidados.

Por supuesto el descuido lo terminaron pagando los ignorantes.

Acá va una la obra de arte del mayor propietario argentino.

Soros is famously known for "breaking the Bank of England" on Black Wednesday in 1992. With an estimated current net worth of around $8.5 billion, he is ranked by Forbes as the 80th-richest person in the world.[2]

Former Federal Reserve Chairman Paul Volcker wrote in 2003 in the foreword of Soros' book The Alchemy of Finance:

"George Soros has made his mark as an enormously successful speculator, wise enough to largely withdraw when still way ahead of the game. The bulk of his enormous winnings is now devoted to encouraging transitional and emerging nations to become 'open societies,' open not only in the sense of freedom of commerce but - more important - tolerant of new ideas and different modes of thinking and behavior."

Currency speculation

On Black Wednesday (September 16, 1992), Soros became immediately famous when he sold short more than $10 billion worth of pounds, profiting from the Bank of England's reluctance to either raise its interest rates to levels comparable to those of other European Exchange Rate Mechanism countries or to float its currency.

Finally, the Bank of England was forced to withdraw the currency out of the European Exchange Rate Mechanism and to devalue the pound sterling, and Soros earned an estimated US$ 1.1 billion in the process. He was dubbed "the man who broke the Bank of England."

The Times October 26, 1992, Monday quoted Soros as saying: "Our total position by Black Wednesday had to be worth almost $10 billion. We planned to sell more than that. In fact, when Norman Lamont said just before the devaluation that he would borrow nearly $15 billion to defend sterling, we were amused because that was about how much we wanted to sell."

According to Steven Drobny,[8] Stanley Druckenmiller, who traded under Soros, originally saw the weakness in the pound. "Soros' contribution was pushing him to take a gigantic position," in accord with Druckenmiller's own research and instincts.

In 1997, during the Asian financial crisis, then Malaysian Prime Minister Mahathir bin Mohamad accused Soros of using the wealth under his control to punish ASEAN for welcoming Myanmar as a member. Later, he called Soros a moron.[9] Thai nationals have called Soros "an economic war criminal" who "sucks the blood from the people".[10]

Pero no tenemos que preocuparnos, tenemos al BIS y detrás de él esta Basel Committee on Banking Supervision.

Todo esto para guardar la independencia del BCRA, de nosotros.