Thursday, May 31, 2012
Buoyant Ireland
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Nick Rowe is pessimistic , and points to one of the dreariest articles I've read to date on the Europe situation. I noticed that Irela...
Sunday, May 27, 2012
Tipsy TIPS spreads
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David Glasner noticed a very interesting anomaly yesterday. In short, 5-year TIPS rates seem to be rising while 10-year TIPS have been fall...
Saturday, May 26, 2012
Sproul v Glasner
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Some comments on their theoretical differences here . I think Mike Sproul and David Glasner would agree on 95% of monetary economic propos...
5 comments:
Monday, May 21, 2012
TIPS: How to decompose the liquidity premium from the inflation-risk premium
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Lars Christensen talks about the idea of setting a floor under inflation-linked bonds in order keep inflation expectations at some minimum ...
Friday, May 18, 2012
Greece is no Argentina
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Paul Krugman compares Greece to Argentina. Devaluation in Argentina surely helped, and so would it in Greece. But there's a problem. Se...
Thursday, May 17, 2012
GDP totalitarianism: Krugman's mischaracterization of Japan's plight as "star performance"
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Paul Krugman points to Japan's apparent resurgence in GDP and asks: "There seems to be some kind of lesson here about macroeconomi...
The free banking alternative to the centralized provision of lender of last resort services
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Inspired by Perry Mehrling and Fischer Black: I think I'd take your future ideal financial model even further (slide 9). The C5 in yo...
5 comments:
Saturday, May 12, 2012
Thinking in terms of stocks: From Fisher to Fischer
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In an older post , Scott Sumner had an interesting comment: The most recent inflation rate in Greece is 1.7%, whereas Spain has 1.9% infla...
Friday, May 4, 2012
Did the Canadian government subsidize the big banks? The problem with pricing liquidity
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Nick Rowe had a good comment on the CCPA's recent allegation that Canada's big banks were subsidized by taxpayers. In the comments ...
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