tag:blogger.com,1999:blog-5713178645208582139.post7451828535819431897..comments2024-03-22T02:37:15.030-05:00Comments on Macro Musings Blog: We Are All Quasi-MonetaristsDavid Beckworthhttp://www.blogger.com/profile/04577612979801459194noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5713178645208582139.post-43249659741740024432010-10-04T12:21:13.732-05:002010-10-04T12:21:13.732-05:00Excellent posts of late. Keep up the good work.
...Excellent posts of late. Keep up the good work. <br /><br />Please call yourself a "monetary bull."Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-16894540748357994622010-10-02T18:21:59.400-05:002010-10-02T18:21:59.400-05:00You're going to get your wish come November 4t...You're going to get your wish come November 4th Brad; another trillion has already been baked into the cake; the downward trend in the USD the last few weeks is directly related to what's going to come 11/4. But be careful for what you wish; currency games can be dangerous things. Remember the term "beggar thy neighbor" when you next write urging the debasement of currency.Mr. Kowalskihttps://www.blogger.com/profile/07899577790533734474noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-8871937498539832742010-10-02T10:48:20.721-05:002010-10-02T10:48:20.721-05:00DeLong says we have the safe asset shortage, not t...DeLong says we have the safe asset shortage, not the shortage of money.<br />After Lehman, the relative price of very safe but less liquid assets (such as TIPS) has crashed, so it is a strong evidence that the cause of the crisis is monetary disequilibrium. More here:<br />http://themoneydemand.blogspot.com/2010/10/brad-delong-and-flight-to-safety.htmlThe Money Demand Bloghttp://themoneydemand.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-68804323432938351872010-10-01T14:24:21.818-05:002010-10-01T14:24:21.818-05:00I am sceptical that the paradox of thrift is a pra...I am sceptical that the paradox of thrift is a practical issue in the US (or UK) today. Since the Fed sets the Fed funds rate, it will supply as much base money as is required at a fixed price. In the first instance, the Fed will trade not t-bills for base money but repo debt, and not necessarily taking government debt as collateral - in other words, not such a close substitute for the medium RebelEconomisthttps://www.blogger.com/profile/13241098878248190971noreply@blogger.com