Make No Mistake: Programmable Digital Currencies Are Weaponizable Money
Earlier this year, China began to roll out a project that had long been in the works––a digital version of its currency, the yuan, is now being used in four Chinese cities.
Tags: Monetary Policy
Bubble Or Boom? Why Ultra-Low Interest Rates Mean House Prices May Never Bust
In this era of cheap money, what once might have looked like a housing bubble might just be the new normal.
Understanding The Rise In Inflation Expectations
Inflation expectations are on the rise. At first sight, this change in expectations seems to be odd. The Federal Reserve has been increasing the supply of base money at a…
Impact Of Fed Policy Changes On China’s Markets Is Limited – PBOC Official
China mourns for coronavirus (COVID-19) victims on Qingming tomb sweeping festival.
Lots of New Money, But Still-Low Inflation. What Gives?
Worries have intensified and spread lately about the prospects of higher U.S. inflation in the coming years. It’s an important issue because higher inflation, even if it remains in the…
Signs of Inflation so Far
The Federal Reserve has announced that it intends to raise inflation in the United States to two percent per year on average.
Erdogan Sacks Another Cenbank Chief After Sharp Turkey Rate Hike
Erdogan sacks another cenbank chief after sharp Turkey rate hike.
Lacalle: MMT Is Fake Economics
First, it is untrue. A report by David Beers at the Bank Of Canada has identified 27 sovereigns involved in local currency defaults between 1960 and 2016 (database here).
Monetary Policy is Pushing Americans, Kicking and Screaming, Up the Risk Curve
The last few weeks in financial markets, particularly in equities, have been some for the books.
Knowledge Problems With Discretionary Central Banking
Monetary policy under a discretionary central bank is ineffective and unlawful. It is ineffective because it does not accomplish its intended goal, which is macroeconomic stability.