1) "Saving is bad for the macroeconomy." You already know why this statement is false, or at least false without further qualification. So please...
Come on, Hygro. You're more intelligent than this.
So do you want me to specifically comment on the optimal size of the US public debt load (and perhaps its expected future path, say)? I wanna...
Lots of good claims here. -- Back to the original question, which I'll broaden a bit to "What is wrong with US fiscal policy:" I'm not...
Laurwin: There has been some change in how we measure inflation since the inauguration of the national statistics in 1913. The exact basket of...
The problem with the Fed is that the number of seats on the Board might exceed the number of people on the planet who really understand monetary...
I have returned, in a vague and noncommittal sort of way. But it's good to see some familiar faces again (Cutlass! Hygro! Antilogic! Apparently...
Wait, OT is back? Good thing I decided to peek in...
I'm in. 9/21 works as well as any.
:wavey: I think there are two questions here. One, the direct question: if the central bank hikes interest rates, what happens to inflation?...
Reiinhart and Rogoff have a second response to their critics. I'm still sifting through the details. I have downloaded the data that the U Mass...
Thank you for the update. MGH and Brigham & Women's are two of the best hospitals in the nation, so the injured are in the best possible hands....
Antilogic - good to see you safe. I'm alive, as are essentially everyone I know. I am waiting to hear from one person, but have good reason to...
I'm in!
I've only watched the first video. 1. He's not funny enough to pull of the cutesy style he's going for. 2. He throws a lot of claims out very...
Arwon and Mise are right on the mark here. Less work for me.
[img] Note the yen's collapse since Abe announced monetary stimulus in late 2012. Expansionary monetary policy is expansionary, even at the ZLB,...
To a first pass, I've got nothin'. FRED might have it, or you might have to dig a bit. I happen to be an expert on this subject. The simple...
This is not exactly a chart/graph, but whatever. [img] It has me thinking about the "state of macroeconomics," especially with respect to...
Your basic model of the government should be that it's an insurance company with an army. [img] [img]
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