Showing posts with label long term interest rate. Show all posts
Showing posts with label long term interest rate. Show all posts

Friday, December 20, 2013

Warren Mosler — The Fed Can Set Mortgage Rates


Warren explains how present monetary policy is about housing as a chief economic driver, operating through mortgage rates, and how the Fed can manage this policy more effectively through its ability to set price as US currency monopolist.

Economonitor — Great Leap Forward
The Fed Can Set Mortgage Rates: Guest Post by Warren Mosler
Posted by L. Randall Wray | Professor of Economics, University of Missouri at Kansas City

Monday, April 1, 2013

David Glasner — Hawtrey v. Keynes on the Rate of Interest that Matters [wonkish]


Origins of monetary policy v. fiscal policy, and operation of monetary policy based on transmission, including expectations. Investigates "announcement effect" of the central bank in expectations.

Uneasy Money — Commentary on monetary policy in the spirit of R. G. Hawtrey
Hawtrey v. Keynes on the Rate of Interest that Matters [wonkish]
David Glasner
 | Economist at the Federal Trade Commission (US)