Following QEII I noticed a bunch of snark, sarcasm, and general analysis focusing on what we know (how an increase in the money stock, or inflation expectations, impacts upon the general economy) – this was troubling, as I wanted to find some analysis of exactly how QEII is supposed to function That is why it …
Category Archive: US economics
Permanent link to this article: http://www.tvhe.co.nz/2010/11/11/good-points-on-qeii/
Nov 05 2010
Dumb statement of the week
Dr. Bernanke unfortunately does not understand economics, he does not understand currencies, he does not understand finance,” (Jim) Rogers, 68, said in a lecture at Oxford University’s Balliol College yesterday From here. Look, the guy can disagree with Federal Reserve policy – it would be nice if he actually explained why – but even if …
Permanent link to this article: http://www.tvhe.co.nz/2010/11/05/dumb-statement-of-the-week/
Nov 03 2010
November 10 Fed meeting
The November 10 Fed meeting is more important for New Zealand then I think we currently recognise. The decisions they make over the next two days are going to have a profound impact on the general monetary policy environment around the world – and New Zealand will not be immune. Once they finally announce what …
Permanent link to this article: http://www.tvhe.co.nz/2010/11/03/november-10-fed-meeting/
Oct 13 2010
Scott Sumner wins
That is my impression of what is going on here (see Fed minutes too): The Fed also said for the first time that it was considering targeting a path for the level of nominal gross domestic product as a way to increase price expectations. And in case you aren’t sure who I’m talking about – …
Permanent link to this article: http://www.tvhe.co.nz/2010/10/13/scott-sumner-wins/
Oct 06 2010
A step too far: The case against pursuing direct capital/trade/currency controls
To start off with I have to admit I like Bernard Hickey. I like the fact he has got out there, written about New Zealand economic issues, and pushed to add an open debate type platform to the discussion regarding the New Zealand economy. As a result, I may have not been critical enough when …
Permanent link to this article: http://www.tvhe.co.nz/2010/10/06/a-step-too-far-the-case-against-pursuing-direct-capitaltradecurrency-controls/
May 10 2010
TARP. An increasingly attractive intervention …
Via Tyler Cowen’s twitter: Some people hate me for this view, but TARP is looking better all the time. I agree. This will be worth a post at some point – but not today People who have a free moment, feel free to discuss it in the comments
Permanent link to this article: http://www.tvhe.co.nz/2010/05/10/tarp-an-increasingly-attractive-intervention/
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