The choice variable in the Great Stagnation is monetary
Marcus Nunes has a great new post that expands on the three main points of the phenomenon of the Great …
Monthly Archives: September 2014
EZ “walking dead”: debt crisis still kicking, European Court of Justice set OMT hearing for Oct. 14th
The markets had me perplexed today with the DOW and S&P 500 down about a percentage point and a half …
Pinch me – Charles Plosser to retire effective March 1st (Another hawk bites the dust)
When I saw this article on CNBC announcing Federal Reserve Bank of Philly President, Charles Plosser’s retirement this morning I …
The Fed’s “exit strategy”: Fact or speculation?
Aside from the fact that low short term nominal interest rates are a sign that money has been tight, and …
Paul Donovan of UBS to Bloomberg: The toxic problem in the EZ is low Nominal GDP growth
The video of Bloomberg’s Guy Johnson interview with Paul Donovan, managing director of global economics at UBS AG can be …
The ECB is the dirtiest shirt in the laundry bag: Time to shift my focus to the ECB?
TravisV pointed out an exchange between Lars Christensen the Scott Sumner regarding Lars’ claim that the Fed has been following …
Great Recession Cooking: Baked Ziti
During the Great Recession I sometimes planned meals based on having saved money by buying in bulk. For instance, if …
Congressional Research Service Paper – no wonder mediocre is the new normal
No, that isn’t the title of the paper. But I suppose this paper by Craig K Elwell would have been …
Obama to give a speech tonight on IS, Syria, Iraq, et al
I am going to do something different tonight. I am promising to not make a strawman to punch the daylights …
Seeing the forest through the trees: Does a focus on inflation facillitate that end?
David Glasner has new post about idiots and smart people who have opposed more inflation during the Great Recession, spurred …
dajeeps 