Central Banking
6 Threads
Hey folks quick 🧵revisting the various facilities the Fed has to deal w/ dollar funding issues since they may become relevant. I’ve endeavored to speak plainly for ease of comprehe...
Prof @d_blanchflower and I issued a press release yesterday calling for radical reform of the Bank of England’s Monetary Policy Committee (BoE MPC). We think this is really importa...
All eyes are on Jackson Hole, but the real statement of the summer came from @neelkashkari: “I keep asking anybody to explain to me what problem [a CBDC] is solving.” 🧵 https://t.c...
I get very often asked about the best global macro books out there. Here is 10 books I found exceptionally good. 1/12
1/ Wild new IMF paper "The Electronic Money Standard" outlines a financial future where citizens cannot save because CBDCs with deep negative interest rates allow central bankers t...
Someone please send the Turkish central bank a memo that we're at the tightening part of the cycle globally, following the Fed's tapering, especially with inflation around 20%. TR...
