Posts Tagged ‘Interest rates’

A pithy response to the Panglossian Theory of Monetary Economics

If you think you have an answer to everything, it’s probably wrong.

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Money supply confusion again?

Once again the money numbers suggest wildly differing interpretations – indicating that the Bank is riding a beast it can’t fully understand. And someone in the FT calls for rates to go UP to stimulate the markets. I don’t get it.

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