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www.soberlook.com | ||
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jacobin.com
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| | | | | What caused Donald Trump to walk back on many of his tariffs last week was not domestic pressure but a run on the market for US Treasuries led by large institutional savers. If US debt is no longer a safe asset, then American hegemony is also at risk. | |
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www.clevelandfed.org
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| | | | | The recent global financial crisis left governments in many advanced countries with very heavy debt burdens and their central banks with huge portfolios of government bonds. With many central banks today still facing policy rates that are uncomfortably close to zero, some may follow the example of Japan, which recently added a new long-term interest-rate target to its short-term target to give itself "yield-curve control." The Federal Reserve's foray into similar territory around the Second World War sug... | |
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blogs.wellesley.edu
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| | | | | [AI summary] The article discusses the 2021 Globie winners, Jeff Garten's book on the 1971 decision to end the dollar's gold link and Anthony Elson's analysis of the U.S. dollar's enduring global financial dominance. | |
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horrordigest.blogspot.com
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| | | Guys, I've been MIA longer than my usual year or so hiatus. The reason is more than needing adequate snuggle time with my cat, or needing ad... | ||
