Lies, Damned Lies, and Central Bank Forecasts – James Rickards

by James Rickards
Daily Reckoning

Jim Rickards 3

The most dramatic battle yet in the currency wars took place last month. It was the financial equivalent of a Pearl Harbor sneak attack…

“I find it a bit surprising that he did not contact me,” IMF Director Christine Lagarde told CNBC’s Steve Liesman that day, “but, you know, we’ll check on that.”

You can almost imagine the conversation afterwards between Mario Draghi of the European Central Bank (ECB) and Swiss National Bank (SNB) President Thomas Jordan…

Mario Draghi: “Did you tell Christine?”

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