How I learned to stop worrying and accept deflation joni Oktober 05, 2015 Add Comment convenience yield, deflation, inflation Edit Why can't we create inflation anymore? Maybe it's because money isn't what it used to be. Money used to be like a car; the marke... Read More
The final chapter in the Zimbabwe dollar saga? joni Maret 12, 2015 Add Comment backing theory of money, cash, deflation, demonetization, Federal Reserve, George Selgin, Zimbabwe Edit Here's an interesting fact. Remember all those worthless Zimbabwe paper banknotes? The Reserve Bank of Zimbabwe (RBZ), Zimbabwe's ce... Read More
On vacation since 2010 joni Desember 07, 2014 Add Comment Bank of Canada, deflation, inflation, natural interest rate, nominal interest rates Edit On a recent trip to Ottawa, I stopped by the Bank of Canada. The door was locked and the building empty. Odd, I thought, why would the Bank ... 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