‘Accountability and transparency’ in central banking? Not until news organizations attempt journalism
By: Chris Powell, GATA
GoldSeek.com
Monday, 15 April 2019
Dear Friend of GATA and Gold:
Central banks get away with the flaming hypocrisy illustrated below because mainstream news organizations don’t dare to put a critical question to them.
Here, if David Lawder and Leika Kihara of Reuters were serious journalists, and their editor, Paul Simao, had the wit for his job, someone from Reuters would have asked the managing director of the International Monetary Fund, Christine Lagarde — in the name of the “accountability, transparency, and effective communication” she purported to be advocating — to identify the markets in which her member central banks are surreptitiously trading and when they are surreptitiously trading, and to explain the objectives of their surreptitious trading.
Instead Reuters makes itself a mere press-release service, like PR Newswire.
How easy it would be for any news organization to show central bankers up and shut them up. A single critical question would do it, but there isn’t one in all of Earthly journalism.
The Rest…HERE
