Debauchery in the Land of Oz - 4

This four part series involves an examination of the global impacts of: recent CB (central bank) responses to systemic economic distress; CB econometric utilisation and the media economic narrative; the U.S. Dollar as a global fiat currency; and the perception of the CB structure as a public good.

Summary

In Part 1 we examined:

• Recent central bank statements.
• Central bank quantitative easing actions.
• Central bank utilisation of econometrics.
• Chinese PMI and potential Asian deflation.
• The dichotomy of trade deficits and account surpluses.

In Part 2 we examined:

• Chinese CPI/PPI
• effect of CNY - US dollar "peg" on global Forex
• increasing Asian debt/GDP ratios
• effect of BoJ policy (Abenomics) on Japan and the Yen

In Part 3 we examined:

• Fed origins, structure and charter
• CB policy effect on savers and pension funds
• CB usage of the CPI metric and hedonic adjustments
• real job and wage growth, the growing GINI gap
• economic narrative of the media
• investor perception of inflation vs deflation

In Part 4 we examine:

• Does CB policy effect currency or arbitrage wars?
• the affects of CB policy on EM (emerging markets)
• the effect of exportation of overcapacity
• CB QE policy affect on OECD investment pools
• the addictive nature of inflation, deflation and CB codependency

This missive was published as an exclusive to Seeking Alpha.  To access the entire text for FREE on Seeking Alpha, please click here.  The Nattering One does not receive remuneration if you register, only satisfaction.

There is no cost involved and it has been our experience that if you exert control (by unchecking a box of two) over your communications settings in your Seeking Alpha profile, your email inbox will not be polluted with one bit of Spam (not even the cured pork shoulder variety. Tasty even.)

As we are now a "contributor" at Seeking Alpha, our published articles, instablog and comments can be found here.  Please continue to follow The Nattering Naybob here and at Seeking Alpha. We thank you for your support.