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www.moneyness.ca | ||
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worthwhile.typepad.com
Forget money and banking for a minute. Let's think about international macroeconomics. Just suppose the US Fed, for reasons unknown, pegged the exchange rate of the US dollar to the Canadian dollar. The Fed makes a promise to ensure the... |
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professorwerner.org
[AI summary] The text presents a critical analysis of central banks and their role in economic policy, arguing that they have concentrated power, lacked accountability, and contributed to economic instability through excessive independence and unchecked policies. It highlights historical comparisons, such as the Reichsbank's failures, and criticizes the European Central Bank's (ECB) model as being similar to the Reichsbank. The author warns of the central banks' potential to create asset bubbles, financial crises, and use these events to justify structural reforms and centralized control. The text also discusses the push towards digital currencies and centralized monetary systems, suggesting a move toward Orwellian control. The conclusion calls for resistanc... |
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newmonetarism.blogspot.com
There is a wide class of monetary models that boil down to something like the following. We'll confine attention to a deterministic world - ... |
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digbysblog.net
[AI summary] The article discusses the U.S. economy's strong post-pandemic recovery, highlighting its outperformance compared to other major economies and the effectiveness of fiscal policy over monetary policy in economic management. |
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