#Deflation

Peter Ireland

PIrelandatBC

The Time is Right For Nominal GDP Level Targetingnew paper:http://irelandp.com/papers/somc202006.pdf instead of saying "things are really bad and really uncertain ... and we don't know what do to except increase

Jeff Booth

JeffBooth

1) When the Fed and every other policy maker says they want inflation...What they are really saying is that they want "real" wages to go down. Repeated all over the

Mike "Mish" Shedlock

MishGEA

If the Fed could produce inflation at will, pray tell how the hell can they not meet their own targets?Same Q to ECB and BOJ?Seems pretty damn incompetent to try

Cullen Roche

cullenroche

This goes one of two ways IMO:1) virus goes away faster than expected, inflation will be higher than expected. 2) virus kicks our ass again this Fall, massive defaults and

__________ Murray

JamieSmallGuy1

Okay, from a scale of 1 to ‘WTF Jamie’ has anyone else had something like this? Does anyone have like a dream where you’re in charge of some imaginary country,

Raoul Pal

RaoulGMI

Oil is deflationary. Soft commodities look like they are going to follow suit and the US farmer is sadly going to be driven into bankruptcy, just like the shale patch...1/

Paul Holland

Paul_Hol1000

FOA -. managing the price of gold lower has helped create rapid money supply growth & the lowest interest rates ever seen". That effort has got us this far today

Samuel Ekpe

samuelekpe

Vusi, it's just an attempt by the government to improve spend and buying power. The economy is in a bad place and the central bank is trying to balance things;

Raleigh Felton

raleighfelton

Let me be clear, corporate bailouts are not free market capitalism. This is the reason we are failing because the younger generations are seeing massive socialism for corporations under the

Bernhard Hammer

BernhardHam

Die lockere, inflationäre Geldpolitik der @ecb reduziert Wachstum und Wohlstand: Sie führt zum Horten von Vermögens- und Kapitalgütern zum reinen Werterhalt (z.B. Immobilien). Produktive Ressourcen werden dadurch höchst ineffizient ver

Nate Tobik

oddballstocks

Took a while for the depression to finally sink in for Bell. Not implying any modern implication, just thought provoking. From the book Telephone The First Hundred Years It took

Raoul Pal

RaoulGMI

The Dollar Wrecking Ball:I hear the narratives that the Fed is printing money...Brrr... and that is going to cause a dollar collapse. I worry that this narrative is very wrong.

Tony Sheng 🦉

tonysheng

A brief history of the gold standard in the United States. (Turns out, silver is one of the most interesting characters in the story).1/ 2/ In the beginning, US coins

George Selgin

GeorgeSelgin

In _Denationalisation of Money_, Hayek supposed that competing private fiat-like monies would vie for market share by demonstrating their stable purchasing power. But, as I observed many years ago, Hayek

Nils Redeker

niredeker

Today @Lagarde takes over at the ECB. Amongst her challenges: dealing with a German public deeply sceptical of ECB policies. In a new paper @LHaffert, @tobirommel and I study the

Jackson- society is broken (Deflation truther)

JacksonStewal

What is making my head hurt is the job loss. We will be at 30-40% when all is said and done. No industry will be spared pain. There simply is