The FED has no way of re-balancing or raising rates without crashing the markets. The FED doesn't want to take the blame. Not again. Even though the markets are crying out for a correction. There is no discipline. The level of incontinence is unprecedented. QE has got to stop. But how? One would like new … Continue reading “Digital Corrections – will crypto save capitalism, and the FED ?”
Tag: Charles Goodhart
Monetary fiscal US UK Can Fed BoE BoC Brazil
see also monetary fiscal EU - state digital CBDC news - alt currencies digital crypto www - monetary - history politics theory up to 3-2023 updates below - later updates now here >Monetary policy, central banking, inflation targeting ft.com/ m 5-3-2023 Central banks need to show a bit more imagination - by Andy Haldane centralbanking.com … Continue reading Monetary fiscal US UK Can Fed BoE BoC Brazil
Funeral of a Classic Curve?
Phillips-Curve-updates below Has the Phillips Curve finally been buried?Whilst the FT reports on the Fed's new strategy as just another incremental codification of its extremely dovish policy, Reuters reads it as a final straw flattening the curve out of existence:"One of the fundamental theories of modern economics may have finally been put to rest." … Continue reading Funeral of a Classic Curve?