Discussing Reserves: Sources, Utility and Why QE Doesn't Work
Understanding the Economic Utility and Market Perception of Bank Reserves and Why QE Reserves Are Inferior and Dangerous
Blog
Response to AIER's Salter on Inflation and Interest Rates
Inflation expectations is a horrible economic variable and should be ignored.
A Response from Team Transitory
Was inflation transitory or not? It seems so, but what were the reasons and excuses now offered by the other side. A response to a AIER post.
Business Cycle: Is Limiting Credit the Best Route to Sanity?
Why a Bitcoin 6102 Won't Happen
There are several misconceptions about the details of the program that make people unreasonably worried today in regards to bitcoin
Shale: An Earthquake in the Geopolitical Order
Discussion on the scale of the Shale revolution
There are important geopolitical developments and then there's the US shale revolution. Important geopolitical events are usually small, like a regional war, major shifts in trade agreements, etc. However, the shale revolution ranks up there with events that completely change
The Dangers of Mislabeling Inflation: A Response
If you call everything inflation, you lose any explanatory, and hopefully predictive, power of your model of the economy.