CNB and fight deflation
Recently, vanity fair online we happened to CNB's decision to stabilize the Czech crown exchange rate 27Kč/EUR. This is the last bit of the board in an effort to "shake" Czech economy. At first glance, one might say that the Board inspired by the U.S. Fed, and that Mr. Krugman vanity fair online is her chief advisor. CNB gradually reduce the amount of interest for which lends to commercial banks to 0.05%, ie for five hundred crowns a year the interest they lend the whole million. The aim of these operations is to "pump up" to the economy as much money that they triggered vanity fair online inflation and thus economic growth. I will not discuss the usefulness or harmfulness vanity fair online of inflation, or the appropriateness or legitimacy of the steps. I'll try to highlight the theme that has not been mentioned and that is the dismal state of our bank. CNB supervises banks. These include the Commercial Bank, Czech Savings Bank. These banks provide regular billions in profits for its shareholders. CNB is recognized for its exemplary supervision of these banks, the crisis passed through very well. How is this possible? Czech Republic did not affect the crisis? Banks are not bad debts from their creditors? CNB itself says that banks have bad debts. As to the claims of mortgages vanity fair online that were provided to developers for construction of residential houses for the "pre-crisis" prices. Many of these houses are unoccupied. The apartments are for sale at the present juncture. CNB banks could order that you prepare vanity fair online provisions for depreciation of assets, but did not order. Meanwhile, several tens of billions of CZK drained vanity fair online away from the bank as profits to foreign mothers. vanity fair online CNB decided this "crisis building" to deal with the massive inflation vanity fair online - opening the floodgates of credit. There is no problem to get a mortgage for 2-3%. Even so, small loans motivate citizens to buy real estate, especially those "pre-crisis". The market depending on the location fell by 30%, prices have fallen to 2004 levels and below. In such a case, expensive apartments unsalable. Now starts the last lever, vanity fair online which CNB has - trying to induce the citizens and savers panic and force them to buy the property - the anchor in a stormy financial seas. CNB does not understand that almost everyone who might have a property a copy. Few people buy property as an investment with a mortgage loan - especially after the experience that home prices can only rise or fall.
Summary: In the article I was trying vanity fair online to think of the steps of the CNB are not stupid or confused, but they have certain intentions. vanity fair online This intent is to help the economy Czech banks, which have tens of billions "drowned" in construction projects. Method of assistance until October 2013 was to provide loans at near-zero interest rates. When that did not work, trying CNB November cause panic among citizens, and hopes that people will buy and not for sale apartments, respectively. vanity fair online enterprises to expand production so far empty halls.
Links: Warning CNB http://m.ceskatelevize.cz/ct24/ekonomika/232320-cnb-varuje-era-levnych-bytu-skonci-investujte-co-to-jde/ vanity fair online Analysis of the real estate market in Prague http://www.cnb.cz/miranda2/export/sites/www.cnb.cz/cs/financni_stabilita/zpravy_fs/fs_2010-2011 / fs_2010-2011_clanek_iii.pdf
November 13, 2013 at 22.41
So no child at my PC but i did not get so I do not understand lamentation CNB. So me around deck vic bothers example that describes what hajek - though actually I was an adult and wise explain to the thief are because holey road
Good day. Shepherdess, people in the "inner circle" - it does not matter if the cloth or klotovanými sleeves - you say so now it propels a bit, we'll exemplary cases. Lacina, Rath, Necas. Or, people are lazy, little vanity fair online produce, take their 7% savings. Whether you are trying to mravenečkové - pitomečkové. "Inner Circle" is convinced of his infallibility and superiority over all earthly pinožením.
(4) Drath difficult to do an exemplary case. Even if everyone tried to settle quietly and efficiently (which vanity fair online I do not), it would not work. The Nečase yet nobody does anything (though, there I was wondering how long it will Ištvan resist the temptation).
Nickname, I beg you, definitely do not put Mr. L. vytlačovatele off the road into a "corner" persecuted. The man did exactly what dozens of others do every day, and if someone is hanged on the first tree immediately after vybrždění, displacement of the road, or other hnusárnách, I would not be surprised at all and would not happen argued.
Jirka ppa feudalist and imperialist wrote:
13
November 14, 2013 at 9.21
I had planned it for a long time. The old washing machine started to rust and mainly messed cap from the filter, so that could not be cleaned. And it was only a matter of time before it becomes clogged. And since it would be necessary to buy a whole new gizmo brother for 1500 + assembly, I decided that it rozumější get a new one.
Again, it Mayda're wrong ..... Ride nimble does not ride dangerous. Ride dangerous and educate others is what I'm still write, they would be punished for
Recently, vanity fair online we happened to CNB's decision to stabilize the Czech crown exchange rate 27Kč/EUR. This is the last bit of the board in an effort to "shake" Czech economy. At first glance, one might say that the Board inspired by the U.S. Fed, and that Mr. Krugman vanity fair online is her chief advisor. CNB gradually reduce the amount of interest for which lends to commercial banks to 0.05%, ie for five hundred crowns a year the interest they lend the whole million. The aim of these operations is to "pump up" to the economy as much money that they triggered vanity fair online inflation and thus economic growth. I will not discuss the usefulness or harmfulness vanity fair online of inflation, or the appropriateness or legitimacy of the steps. I'll try to highlight the theme that has not been mentioned and that is the dismal state of our bank. CNB supervises banks. These include the Commercial Bank, Czech Savings Bank. These banks provide regular billions in profits for its shareholders. CNB is recognized for its exemplary supervision of these banks, the crisis passed through very well. How is this possible? Czech Republic did not affect the crisis? Banks are not bad debts from their creditors? CNB itself says that banks have bad debts. As to the claims of mortgages vanity fair online that were provided to developers for construction of residential houses for the "pre-crisis" prices. Many of these houses are unoccupied. The apartments are for sale at the present juncture. CNB banks could order that you prepare vanity fair online provisions for depreciation of assets, but did not order. Meanwhile, several tens of billions of CZK drained vanity fair online away from the bank as profits to foreign mothers. vanity fair online CNB decided this "crisis building" to deal with the massive inflation vanity fair online - opening the floodgates of credit. There is no problem to get a mortgage for 2-3%. Even so, small loans motivate citizens to buy real estate, especially those "pre-crisis". The market depending on the location fell by 30%, prices have fallen to 2004 levels and below. In such a case, expensive apartments unsalable. Now starts the last lever, vanity fair online which CNB has - trying to induce the citizens and savers panic and force them to buy the property - the anchor in a stormy financial seas. CNB does not understand that almost everyone who might have a property a copy. Few people buy property as an investment with a mortgage loan - especially after the experience that home prices can only rise or fall.
Summary: In the article I was trying vanity fair online to think of the steps of the CNB are not stupid or confused, but they have certain intentions. vanity fair online This intent is to help the economy Czech banks, which have tens of billions "drowned" in construction projects. Method of assistance until October 2013 was to provide loans at near-zero interest rates. When that did not work, trying CNB November cause panic among citizens, and hopes that people will buy and not for sale apartments, respectively. vanity fair online enterprises to expand production so far empty halls.
Links: Warning CNB http://m.ceskatelevize.cz/ct24/ekonomika/232320-cnb-varuje-era-levnych-bytu-skonci-investujte-co-to-jde/ vanity fair online Analysis of the real estate market in Prague http://www.cnb.cz/miranda2/export/sites/www.cnb.cz/cs/financni_stabilita/zpravy_fs/fs_2010-2011 / fs_2010-2011_clanek_iii.pdf
November 13, 2013 at 22.41
So no child at my PC but i did not get so I do not understand lamentation CNB. So me around deck vic bothers example that describes what hajek - though actually I was an adult and wise explain to the thief are because holey road
Good day. Shepherdess, people in the "inner circle" - it does not matter if the cloth or klotovanými sleeves - you say so now it propels a bit, we'll exemplary cases. Lacina, Rath, Necas. Or, people are lazy, little vanity fair online produce, take their 7% savings. Whether you are trying to mravenečkové - pitomečkové. "Inner Circle" is convinced of his infallibility and superiority over all earthly pinožením.
(4) Drath difficult to do an exemplary case. Even if everyone tried to settle quietly and efficiently (which vanity fair online I do not), it would not work. The Nečase yet nobody does anything (though, there I was wondering how long it will Ištvan resist the temptation).
Nickname, I beg you, definitely do not put Mr. L. vytlačovatele off the road into a "corner" persecuted. The man did exactly what dozens of others do every day, and if someone is hanged on the first tree immediately after vybrždění, displacement of the road, or other hnusárnách, I would not be surprised at all and would not happen argued.
Jirka ppa feudalist and imperialist wrote:
13
November 14, 2013 at 9.21
I had planned it for a long time. The old washing machine started to rust and mainly messed cap from the filter, so that could not be cleaned. And it was only a matter of time before it becomes clogged. And since it would be necessary to buy a whole new gizmo brother for 1500 + assembly, I decided that it rozumější get a new one.
Again, it Mayda're wrong ..... Ride nimble does not ride dangerous. Ride dangerous and educate others is what I'm still write, they would be punished for
No comments:
Post a Comment