John Cochrane is too grumpy about negative rates joni April 17, 2015 Add Comment cash, John Cochrane, Miles Kimball, nominal interest rates Edit John Cochrane has written two posts that question the ability to implement negative interest rates given the wide range of 0%-yielding es... Read More
A libertarian case for abolishing cash joni April 13, 2015 Add Comment anonymity, Bill Woolsey, cash, free banking, John Cochrane, Miles Kimball, Willem Buiter, zero lower bound Edit Last week Citi's Willem Buiter published a note on the three ways to get rid of the effective lower bound to nominal interest rates, on... Read More
Cracks in the zero-lower bound joni Januari 04, 2015 Add Comment anonymity, cash, John Cochrane, medium of account, Miles Kimball, Scott Sumner, zero lower bound Edit Shibboleth , by Doris Scalcedo John Cochrane writes an interesting post that makes the case that removing or penalizing cash would not remo... 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