Daily Archives: April 19, 2012 @ 3:53 pm (Thursday)

Fiscal and monetary policy in a liquidity trap

Not bad, but let’s take it up to the next level. Comments below: Fiscal and monetary policy in a liquidity trap By Martin Wolf With floating fx, it’s always a ‘liquidity trap’ in that adding liquidity to a system necessarily … Continue reading

Posted in Bonds, Currencies, Deficit, Fed, Government Spending, Inflation, Interest Rates | Tagged , , |

euro denominated debt consideration

So if all the member nations stop taxing in euro and start taxing in their own currencies, the value of the euro goes to 0. And all the national govt debt denominated in euro goes worthless, along with all other … Continue reading

Posted in EU |

BOJ’s Shirakawa: Fully Committed To Asset Purchases To Meet 1% Inflation Target

Right, they’ve only been doing it for a couple of decades, monetary policy works with a lag… BOJ’s Shirakawa: Fully Committed To Asset Purchases To Meet 1% Inflation Target By Chana R. Schoenbergrand and Stephen L. Bernard April 18 (Dow … Continue reading

Posted in Inflation, Interest Rates, Japan |

EU slams governments for not enacting growth laws

Like this would fix it all: EU slams governments for not enacting growth laws April 18 (Bloomberg) — “It is incomprehensible that member states are still not fully implementing growth-friendly legislation we have in place,” European Commission President Jose Manuel … Continue reading

Posted in EU | Tagged |