"Inflation ... has left many observers scratching their heads as to why the current level ... does not match the current state of the real economy ..." said ex ECB board member Sabine Lautenschläger in a recent speech. The Economist discerns "strange new rules", devotes a special report to "The End of Inflation?" and concludes that inflation is … Continue reading Head Scratching Inflation
Tag: Sabine Lautenschläger
Head scratching inflation
"Inflation ... has left many observers scratching their heads as to why the current level ... does not match the current state of the real economy ..." said ex ECB board member Sabine Lautenschläger in a recent speech. The Economist discerns "strange new rules", devote a special report to "The End of Inflation?" and concludes that inflation is … Continue reading Head scratching inflation
End of History? Sabine Lautenschläger ECB
Monetary policy - end of history? by Sabine Lautenschläger ctd Tools and targets As we know, when the crisis hit in 2008, central banks around the world had to rethink their approach in more ways than one. And they are still doing so. What will monetary policy look like in the years to come? Should we … Continue reading End of History? Sabine Lautenschläger ECB
QE1 : End of (His)story
Monetary policy - end of history? by Sabine Lautenschläger (with caw commenting) In 1992, the political scientist Francis Fukuyama announced the end of history. The cold war had just ended, and in Fukuyama’s view, this marked “the endpoint of mankind’s ideological evolution”. Liberal democracy had prevailed; the final form of government had been reached. There was … Continue reading QE1 : End of (His)story