Apologia pro vita sua and “witness to history” read of the week. A new edition hit the shelves as soon as the banker’s arrest in Monaco hit the news. Luis Nassiif on the return of banker Salvatore Alberto Cacciola to Brazil, extradited from Monaco, after (appropriately enough) he slipped away from t ...

23 hours ago · The New World Lusophone ... · tupiwire.wordpress.com by Colin Brayton 1 reference

Tim Duy syas if you want to understand what's going on in the economy, then "follow the money and see where it leads": Follow the Money, by Tim Duy: My apologies to Brad Setser for borrowing the title of his blog for the evening. I am writing tonight while on vacation at a cabin in Central Oregon. I ...

2 days ago · Economist's View · economistsview.typepad.com/economistsview by Mark Thoma 565 references

This is old news, but we’ll be feeling the effects for a long time to come. Read more about Helicopter Ben at the Ludwig von Mises Institute. “By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.” - John Maynard ...

2 days ago · Roman's Website · skaskiw.com/blog by roman 4 references

So I was asked if the growth rates I referred to in my post on commodities were still valid. I thought about it for some time and came up with this: So if policymakers in the China, India etc. act as they should and mop up excess liquidity and reel in inflation, we'll see growth hit a short term sna ...

2 days ago · Rocks my Stocks · rocksmystocks.com by Ravi ()

I have, for the past 35 years, expressed my grave concern for the future of America. The course we have taken over the past century has threatened our liberties, security and prosperity. In spite of these long-held concerns, I have days—growing more frequent all the time—when I’m convinced the time ...

2 days ago · Brushfires of Freedom · brushfires2008.com by admin 1 reference

Monetary Policy Inflation and the Business Cycle An Introduction to the New Keynesian Framework The New Keynesian framework has emerged as the workhorse for the analysis of monetary policy and its implications for inflation, economic fluctuations, and welfare. It is the backbone of the new generatio ...

2 days ago · World Busines · worldbusines.com by admin

Adam foreshadowed some of this yesterday in his post “ How far will Labour go’ in respect of Mallard’s musings on the Reserve Bank Act as reported in the Dominion Post. He had thought then that off stage waiting in the wings was Winston. As Adam had suspected shuffling onto centre stage now comes Wi ...

2 days ago · The Inquiring Mind · adamsmith.wordpress.com by adamsmith1922 19 references

A specter is haunting Europe, but we can't agree on which one... The European Central Bank is raising interest rates in an effort to keep inflation in check, while the Fed has the fed funds rate target at 2% (so the real interest rate is actually negative). Real Time Economics excerpts an analysis f ...

2 days ago · Twenty-Cent Paradigms · twentycentparadigms.blogspot.com by Bill C () 5 references

Politicians in power who fear losing their jobs can be dangerous animals. They will sometimes reach out to grab anything they can to stop being dragged out of power. Issues where a political consensus has held firm for decades can be dredged up and contested to win a few votes and, more importantly, ...

3 days ago · The Rates Blog · interest.co.nz/ratesblog by Bernard Hickey 2 references

I wrote a paper understating inflation expectations and the recent trends in the expectations. Needless to say, inflation expectations have been rising everywhere. However, this still continues to remain a mystery - Does inflation expectations lead to inflation or is it vice-versa? There is wide amo ...

3 days ago · Mostly Economics · mostlyeconomics.wordpress.com by Amol Agrawal 18 references