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It’s hardly an exaggeration to claim that over the last few decades, central bankers have achieved unprecedented status. Especially since the global financial crisis of 2008, the world holds its breath whenever they announce new policy interventions. Given the opaque nature of the money supply, in the eyes of most citizens, the “mystic hand” of central bankers is felt everywhere. Never before have central bank policies been so decisive, not only for financial markets but also for national economies and public welfare in general. This book traces the way in which central bankers learned, unlearned, relearned and still have to learn the tricks of their trade. The lessons taught by nineteenth-century grands savants like Henry Thornton and Walter Bagehot, once instilled, were eventually neglected. This led directly to the policy mistakes that produced the Great Depression of the 1930s. When the financial crisis of 2008 broke out, central bankers the world over summoned Thornton’s and Bagehot’s wisdom and acted accordingly. This re-learning saved the world from a repetition of the Great Depression. But when the worst of the financial crisis and ensuing recession were over, central bankers continued applying unconventional monetary policies—in some areas of the world, this even extended to negative policy interest rates and massive interventions in the bond markets, which resulted in constant injections of liquidity. Once the Covid-19 pandemic arrived, most central bankers doubled down on the intensity of these kinds of policies. While the financial crisis required central bankers to act in decisive ways, it can no longer be denied that the consequences of these expansive monetary policies have become major issues. Central bank policies of the last decade and a half have resulted in a relentless build-up of leverage and debt; led to speculative bubbles in different kinds of markets; undermined the willingness of political authorities to put their fiscal houses in order; stimulated a “zombification” of the economy and the growth of shadow banking activities; and contributed to growing inequality around the world. Central bankers are at a crucial turning point for the future of their profession, and even more for the future of our economy. New lessons have to be learnt. Our future depends on these being the right lessons.
Mystic is the start of an enchanting new epic fantasy series from Jason Denzel, the founder of Dragonmount. I called to the Myst, and it sent us you. For hundreds of years, high-born nobles have competed for the chance to learn of the Myst. Powerful, revered, and often reclusive, Mystics have the unique ability to summon and manipulate the Myst: the underlying energy that lives at the heart of the universe. Once in a very great while, they take an apprentice, always from the most privileged sects of society. Such has always been the tradition-until a new High Mystic takes her seat and chooses Pomella AnDone, a restless, low-born teenager, as a candidate. Commoners have never been welcomed among the select few given the opportunity to rise beyond even the highest nobility. So when Pomella chooses to accept the summons and journey to Kelt Apar, she knows that she will have more to contend with than the competition for the apprenticeship. Breaking both law and tradition, Pomella undergoes three trials against the other candidates to prove her worthiness. As the trials unfold, Pomella navigates a deadly world of intolerance and betrayal, unaware that ruthless conspirators intend to make her suffer for having the audacity to seek to unravel the secrets of the Myst. At the Publisher's request, this title is being sold without Digital Rights Management Software (DRM) applied.
Ted Gregory is a stock-broker barely hanging in with the flow of life. A morning ride to work turns into a trip that takes Ted back in time to visit an old diner which he had not been in for decades. The diner still exists, almost as in a time warp. A series of impulsive decisions sends Ted off on a new journey, both physically and metaphorically. The Mystic is a stranger sitting alone in a coffee shop waiting for Ted, or anyone, to engage him in conversation. The mystic who teaches others has to be a master of using metaphor and parable to explain concepts. Mystery surrounds mysticism, but in reality, it can help provide a practical guide for positive transformation in any person's life. Mysticism has room for sceptics and scientists. In fact, the scientists with great new ideas and theories have to walk the mystic's path into the realms of the metaphysical.
A malevolent shadow hangs over Theysia, seeking vengeance for being snuffed out by those it believed inferior. Its eyes are set on the capital city of Minraz, where the decedents dwell. Nyzir and Sineram, two up-and-coming mystics, are roped into the plans of a being that makes even the mightiest beast subservient to its better. Though armed with powerful magic, the siblings must learn that power alone can’t protect and that sometimes the best weapon is both unconventional and unsuspecting.
Are you a mystic seeking oneness with divinity? You walk the steeper path, but the high cliffs hold no fear for you who are drawn upward by the heart of the Divine Mother. Whether you follow Buddha, Jesus, Krishna, Mother Mary, Saint Germain, Kuan Yin or others, this book shows the inner path to taking their hand as they lead you Home.
In Wonderful and Dark Is This Road, Emilie Griffin invites us to discover the fascinating, yet often misunderstood, spiritual path of mysticism. Griffin explores the origins of mysticism, the different expressions and gifts of mysticism, and the recognized stages on the mystical journey. In beautifully transparent prose, she illuminates the insights of famous mystics throughout the centuries, from the Apostle Paul, to the Desert Fathers and Mothers, to Thomas Merton and Evelyn Underhill. Ultimately, and perhaps most importantly, Griffin reveals mysticism as a spiritual path that is open to us all, offering the gift of an intimate knowledge of divine love to those who choose it. This is a book that has the potential to transform not only our inner lives, but our world.