Sunday, July 31, 2016
Monetary policy as a system of connected lakes (a post for John Hussman)
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I always like reading fund manager John Hussman because he writes very well, but I feel like he's dug himself into a bit of an intel...
30 comments:
Tuesday, July 26, 2016
Helicopter money, Canadian-style
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Proponents of helicopter money have been getting a lot of press lately, but I don't really get what all the excitement is about. I li...
48 comments:
Friday, July 8, 2016
Hyperinflation 2.0?
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If you haven't heard, protests are breaking out in Zimbabwe and unpaid civil servants are going on strike . This sort of thing ha...
14 comments:
Tuesday, June 28, 2016
The Fedwire recession
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I last wrote about Fedwire data two years ago. Since then, Fedwire has entered into a (nominal) recession. Is this something we need t...
11 comments:
Wednesday, June 15, 2016
Another Fedcoin sighting
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Early map of Fedwire. Source: FRBNY The pace of Fedcoin sightings has been accelerating this year. If you're new to this blog, Fedc...
15 comments:
Tuesday, June 7, 2016
Zimbabwe Shouldn't Be Printing Banknotes Again
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A Zimbabwean washes U.S. dollars, from NPR Planet Money Here's a surprising development. Zimbabwe, a dollarized nation, is on th...
13 comments:
Thursday, June 2, 2016
What happens when a central bank splits in two?
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Say the San Francisco Fed decided to secede from the Federal Reserve System or the Bank of Greece started to print its own euro notes wit...
5 comments:
Friday, May 27, 2016
From ancient electrum to modern currency baskets (with a quick detour through symmetallism)
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Electrum coins [ source ] First proposed by economist Alfred Marshall in the late 19th century as an alternative metallic standard to t...
2 comments:
Friday, May 20, 2016
Those new Japanese safety deposit boxes must all be empty
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Remember all the hoopla about Japanese buying safety deposit boxes to hold cash in response to the Bank of Japan's decision to set ...
2 comments:
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