ALL BLOG POSTS
So far it is has been a remarkable week in the global financial markets. The ’deposit grab’ in Cyprus undoubtedly has shocked international investors and confidence in the ability of euro zone policy makers has dropped to an all-time low.
Since I started my blog back in October 2011 I written more than 550 blog posts. I have now collected a few of them. It is certainly not a book. It is completely unedited and I haven't thought much about the structure - you can choose to see it as a random collection of blog posts. But have a look at the non-book Markets Matter, Money Matters. I hope to be able to update it from time to time. God knows what it will turn into...
Just when we thought that the worst was over and that the world was on the way safely out of the crisis a new shock hit. Not surprisingly it is once again a shock from the euro zone. This time the badly executed bailout (and bail-in) of Cyprus. This post, however, is not about Cyprus, but rather on importance of the US monetary policy setting on global financial stability, but the case of Cyprus provides a reminder of the present global financial fragility and what role monetary policy plays in this.
This is from CNBC.com:
If there is anything that the governing Tory party in the UK is fearing then it is the UKIP. The anti-EU UKIP wants to take the UK out of the EU, but it also wants something less - monetary reform!
I am in Stockholm this morning – the main topic for today’s meeting is the prospects for the African economies. I have for a long time had the view that Africa could very well turn into the best investment story in the world.
Here is the Federal Reserve's mandate:
Let's just say it as it is - I was very positively surprised by the massive response to my post on the economic legacy of Hugo Chavez. However, as somebody who primarily wants to blog about monetary policy it is a bit frustrating that I attract a lot more readers when I write about dead authoritarian presidents rather than about my favourite topic - monetary policy.