Have negative interest rates boosted inflation? Here is a nice graph (source macro-man blog, HT FT alphaville) Source: Macro-man blog Not really. Explanations? Choose the chicken or the egg: 1) But for negative rates, inflation would have been even lower 2) We're living in a Fisher effect world. Lower rates lower inflation. (Which is arguably a good, if unintended, thing)
Sumber http://barokongnetwork.blogspot.com
Selasa, 22 September 2020
Negative Rates And Inflation - Barokong
Artikel Terkait
- I've been on the "reopen fast but smart" bandwagon for weeks. The reopening is coming. Ar
- Argentina should dollarize, says Mary Anastasia O'Grady in the Wall Street Journal -- not
- Following my last post, the SIR versi has been completely and totally wrong. Answers foll
- A new Grumpy Economist podcast, summarizing a lot of the last week and some newer thought
- Chad Jones and Jesús Fernández-Villaverde have updated their SIR model with social distan
- So just what was the "disruption" in the Treasury market that so spooked the Fed, that no
Langganan:
Posting Komentar (Atom)
EmoticonEmoticon