BTC REVIEW

Home » MacroMania update

Showing posts with label MacroMania update. Show all posts

What economic model produces the Fed's inflation forecast?

John Cochrane's blog has always been a favorite of mine. It's provocative. It's entertaining. And it invariably leads me to refl...

Economists within the Federal Reserve System have been musing about central bank digital currency for a while now. For example, yours truly ...

Inflation is back together with a new season of finger-pointing. I see some pundits wanting to blame the 2021 inflation on workers. Workers ...

A stablecoin (SC) is a financial structure that attempts to peg the value of its liabilities (or a tranched subset of its liabilities) to an...

Am hearing some talk about whether the U.S. labor market can fully recover to its pre-Covid19 levels. Is it possible that a sizeable number ...

This post was motivated by a conversation with Eric Lonergan. It began with a simple question: what should be the interest rate paid on rese...

The title of this post alludes to a paper written by Tom Sargent and Neil Wallace 40 years ago " Some Unpleasant Monetarist Arithmetic ...

I've been thinking a bit lately about theories of the business cycle (a lot of time for reflection in these days of COVID-19). At least,...

Yesterday, I posted a reply to John Cochrane's Sept 4 post on the national debt. John alerted me to his Sept 6 update, which I somehow...

The stock of national debt is now larger than our annual national income in the United States. Is this something to worry about? Does it ...

The Fed's much-anticipated new monetary policy framework is now public. Fed Chairman Jerome Powell outlined the policy framework last we...