Monetary Policy – Mahdazare

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Banking, Commentary, Economists, Fiscal Theory, Inflation, Monetary Policy, negative interest rates December 30, 2022December 31, 2022

An email correspondent sent the above graph. The title is [Federal Reserve] Liabilities and Capital: Liabilities:…

Fiscal Theory, Inflation, Monetary Policy December 7, 2022December 31, 2022

Fiscal Theory of the Price Level discount coupon

The Fiscal Theory of the Price Level is now available from Princeton University Press. The…

Commentary, Fiscal Theory, Inflation, Monetary Policy November 11, 2022

Our great experiment in monetary economics continues. The news of the moment is that inflation…

Commentary, Fiscal Theory, Growth, Micro vs. macro, Monetary Policy November 3, 2022

Larry Summers wrote an interesting oped at the Washington Post. Mostly, he still is of the adaptive-expectations…

Commentary, Debt, Economists, Fiscal Theory, Monetary Policy November 3, 2022

Greg Ip gives nice coverage of fiscal theory of the price level in the Wall…

Commentary, Inflation, Monetary Policy October 25, 2022

From Torsten Slok at Apollo Global Management. The picture says it all, but Torsten’s…

Commentary, Economists, Energy, Environment, Finance, Monetary Policy October 5, 2022

Policy Tensor on the consequences of a Russian nuke (HT Marginal Revolution) was very interesting: …

Commentary, Fiscal Theory, Inflation, Monetary Policy September 25, 2022

Now that 30 days have passed, I can post the full text of “Nobody Knows…

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