Showing posts with the label Monetary Policy

Journal graphics in a bygone era - Barokong

To illustrate MV = PY. (It was MV=PT then.)  In  Irving Fisher, "The Equation of Exchange 1896-1910," The Ame…

Lessons of the ELB - Barokong

I gave a short presentation on monetary policy at the Nobel Symposium run by the Swedish House of Finance. It was an am…

Dollarize Argentina - Barokong

Argentina should dollarize, says Mary Anastasia O'Grady in the Wall Street Journal -- not a peg, not a currency boa…

Kotlikoff on the Big Con - Barokong

In preparing some talks on the financial crisis, 10 years later, I ran across a very nice article,The Big Con -- Reasse…

Blueprint for America - Barokong

Some of the inspiration for this project came from the remarkable 1980 memo (here) to President-elect Ronald Reagan fro…

A world without cash - Barokong

Max Raskin and David Yermack have a nice WSJ OpEd last week, "Preparing for a world without cash." The oped s…

Interview, talk, and slides - Barokong

I did an interview with Cloud Yip at Econreporter, Part I and Part II, on various things macro, money, and fiscal theor…

Negative rates and inflation - Barokong

Have negative interest rates boosted inflation? Here is a nice graph (source macro-man blog, HT FT alphaville) Source: …