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A Visa/MasterCard theory of recessions

A Visa/MasterCard theory of recessions

joni Juli 07, 2015 Add Comment credit cards, inflation, medium of account, natural interest rate, sticky prices Edit

Statistical agencies employ data collectors who walk up and down aisles with hand-held computers gathering sticker prices for things like fr...

On vacation since 2010

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 ...

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