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andolfatto.blogspot.com
| | www.soberlook.com
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| | Guest post by Norman Mogil Ever since the 2008 financial crisis, there has been a persistent shortage of high-quality government debt. Mo...
| | digbysblog.net
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| | [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.
| | 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...
| | uneasymoney.com
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| Jason Furman has had an admirable career as an economist and policy adviser. He was on the staff of the Council of Economic Advisors in the Clinton administrations, was Assistant Director of the National Economic Policy under Larry Summers in Obama's first term served as Chairman of the CEA in his second. I am friendly...