The Fedwire recession joni Juni 28, 2016 Add Comment clearing and settlement, David Beckworth, Federal Reserve, Fedwire Edit I last wrote about Fedwire data two years ago. Since then, Fedwire has entered into a (nominal) recession. Is this something we need to wor... Read More
Don't kill the $100 bill joni Februari 25, 2016 Add Comment cash, David Beckworth, demonetization, dollarization/euroization, large value note embargo, Larry Summers, Larry White, medium of account, Miles Kimball, zero lower bound Edit Last week I asked whether the Federal Reserve could get rid of the $100 bill. This week let's discuss whether it should get rid of the ... Read More
Cashing up the system joni Januari 01, 2015 Add Comment David Beckworth, Federal Reserve, inflation, quantitative easing, Reserve Bank of New Zealand Edit David Beckworth had a very interesting pair of posts outlining how QE would only have had a meaningful effect on the economy if the associ... Read More
Sign Wars joni November 15, 2014 Add Comment David Beckworth, deflation, fundamental value, inflation, John Cochrane, liquidity premium, Neo-Fisherism, Nick Rowe, notgeld, Weimar hyperinflation Edit Does a lowering of a central bank's interest rates create inflation or deflation? Dubbed the ' Sign Wars ' by Nick Rowe, this ha... Read More