Category Archives: On the cover

On the cover

The Insanity Of Negative Rates. World Economics Episode 7

In this seventh episode of my video-blog, we discuss negative rates. Why do central banks implement them? What are the alleged benefits and risks? Is it true that economic agents spend more and take more credit when nominal rates are negative?.

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Quantitative Easing Is Back

Quantitative Easing Is Back

The Federal Reserve, through its president Jerome Powell, has indicated that it is preparing to increase its balance “organically”. The effort to separate this latest monetary policy change of course from a full-blown new QE (quantitative easing) is, at the very least, amusing. If we look at what is being discussed, it has nothing to do with organic expansion and looks a lot like a new repurchase program. Continue reading Quantitative Easing Is Back