Archive for the ‘New Posts’ Category

A Multitude of Lynx

May 18th, 2018

Various posts at WaPo for those interested: Trump’s creating all sorts of waves in the oceans of international trade, and that’s led some analysts to worry that the reserve status of the US dollar could be under threat (63% of global reserve holdings are in dollars). While this isn’t the path I’d take to get… Read more

Four lessons about contemporary monetary policy.

May 3rd, 2018

Yes, we live in chaotic, uncertain times, with nationalism, populism, and protectionism on the rise. Also, hush money to porn stars. But amidst the noise, the Federal Reserve is quietly going about its business, hitting its dual mandate of full employment at stable prices. That is, the job market is close to full employment, with… Read more