First up, Matthew Yglesias reports on the situation in Cyprus: That’s not to say that departure from a currency union is the only scenario in which capital… Read more “Notes on Currency and Recession”
Tag: Monetary Policy
Monetary Policy is Why We Don’t Have Deflation
The way Krugman’s RSS feed is set up prevents me from reading him during my normal times in the day from my phone/tablet’s RSS reader mostly because… Read more “Monetary Policy is Why We Don’t Have Deflation”
Ben Bernanke Invalidates My Views on the Sequester
I am on record on Facebook, and on this blog claiming that the sequester is a non-event given proper monetary accommodation. I still believe this, 100%… …however,… Read more “Ben Bernanke Invalidates My Views on the Sequester”
Is Market Monetarism a Tautology?
Over the weekend, Daniel Kuehn commented on a post I made on Facebook regarding the budget sequester. For anyone who follows me on Facebook, you probably know… Read more “Is Market Monetarism a Tautology?”
Paul Krugman Tells the Right Story
…but I think he has the wrong emphasis. It’s nice to hear him state the case this clearly though. I could be narcissistic and claim that he… Read more “Paul Krugman Tells the Right Story”
What Does the Market Know that John Taylor Knows that the Market Knows?
John Taylor has a rather baffling article in the Wall Street Journal today where he doesn’t at all make the case against the Fed’s stimulus measures, though… Read more “What Does the Market Know that John Taylor Knows that the Market Knows?”
Markets ‘Get It’…Central Banks Don’t
The FOMC, apparently not realizing that it was the anniversary of the American Recovery and Reinvestment Act yesterday, saw it fit to begin raising the discount rate:… Read more “Markets ‘Get It’…Central Banks Don’t”
Markets ‘Get It’, US Pundits Do Not
[This is a little old, as things go on the internet, but I wanted to blog about it anyway.] In other venues, I have argued forcefully against… Read more “Markets ‘Get It’, US Pundits Do Not”