Monetary System – Page 10 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

The State of the Union, Fed Edition

Bitcoin’s problem: The state chooses what is acceptable money

On China, Japan and the Eurozone’s determining US interest rates

Galbraith: The Fed is like the little Dutch boy with the finger in the dike

Minsky’s financial instability hypothesis and the Fed’s reaction function

Quick thoughts on the failure of Fed-engineered unemployment

Understanding what a neutral macro-economic policy looks like

How the Fed handles financial stability is key to avoiding a crisis

Baumol’s cost disease, aging societies and inflation expectations

Some thoughts on healthcare, inequality, and Baumol’s disease