Central Bank Communications

On "Fast Money" tonight a so-called expert asked the question: "Are Trichet and Bernanke in communication with each other privately?" The question was asked because a currency expert was supposing that the ECB will raise rates, but will likely be willing to start intervening to buy dollars to mitigate the damage.

I found that amazing, because although the media blacked it out, I thought that everyone with skin in "the game" was aware that Trichet, Bernanke and Paulson were all together for two days in Chantilly Virginia less than two weeks ago. I know that this group (the Bilderberg Group) did not "officially" exist in the past, but they put out a press release this year... it's no longer the world's worst kept secret that these people get together and plan policy.

Anyone else notice this gaff and think along these lines?
 
Back
Top