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Don't kill the $100 bill

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 ...

Is the U.S. dollar in the midst of the longest Wile E. Coyote moment ever?

Is the U.S. dollar in the midst of the longest Wile E. Coyote moment ever?

joni Mei 04, 2015 Add Comment Ken Rogoff, Larry Summers, liquidity premium, Paul Krugman, secular stagnation Edit

It would be wrong to blame the economics blogosphere's failure to foresee the 2008 credit crisis on complacency. Better to say that blog...

Liquidity as static

Liquidity as static

joni April 08, 2015 Add Comment Ben Bernanke, John Maynard Keynes, Larry Summers, liquidity premium, Robert Shiller, secular stagnation, Stephen Williamson, stock market and equities, TIPS Edit

In his first blog skirmish , Ben Bernanke took on Larry Summers' secular stagnation thesis, generating a slew of commentary by other blo...

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