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Showing posts with label Steve Randy Waldman. Show all posts
Showing posts with label Steve Randy Waldman. Show all posts
Sunday, October 4, 2015

Brian Romanchuk — Net Financial Assets And Equity

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An old debate about "Net Financial Assets," a term used in by Modern Monetary Theory (MMT) was reopened by Steve Roth at Asymptos...
17 comments:
Thursday, April 9, 2015

Steve Randy Waldman — Tangles of pathology

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Trilemmas are always fun. Let’s do one. You may pick two, but no more than two, of the following: Liberalism Inequality Nonpathology ...
2 comments:
Sunday, October 27, 2013

Winterspeak — No Conspiracy Needed -- the debt ceiling is Sound Finance

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As usual, Winterspeak lays out the MMT-functional finance position clearly. No Conspiracy Needed -- the debt ceiling is Sound Finance Winter...
Tuesday, October 15, 2013

Steve Randy Waldman lays out default scenario

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Interesting take. Put the banks in cahoots with Treasury, taking care of the financial and corporate elites and taking out of the hides of ...
Wednesday, October 9, 2013

Steve Randy Waldman — Why Scott Sumner should love the debt ceiling

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I think Scott Sumner is the Svengali behind all of Ted Cruz’s antics. He must be. It’s the only sensible explanation. Interfuidity Why S...
4 comments:
Thursday, February 7, 2013

Interfluidity: Borrowing is a feature, not a bug

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SRW is a monetarist, and therefore believes that somehow, the quantity of reserves banks trade with one another to clear cheques, impacts t...
3 comments:
Thursday, January 17, 2013

Scott Fullwiler — Understanding the Permanent Floor—An Important Inconsistency in Neoclassical Monetary Economics

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I’ve written numerous times already about how a deficit “financed” by bonds vs. “money” doesn’t matter in terms of inflationary effect. No...
7 comments:
Monday, January 14, 2013

Tim Duy — A Trap of My Own Making

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Steve Waldman at interfluidity catches me in a trap of my own making. Tim Duy's Fed Watch A Trap of My Own Making Tim Duy See the comm...
3 comments:
Saturday, January 5, 2013

Steve Randy Waldman — Rebranding the “trillion-dollar coin”

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A balanced approach that aims to transcend the ridiculous factor. Worth a read even if you are not following this closely. We are going to b...
4 comments:
Sunday, April 8, 2012

Interfluidity — Because the stakes are so small?

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SRW would like to see market monetarists, mainstream saltwater economists, and Post Keynesians to tone down the debate, quit nipping at each...
13 comments:
Tuesday, March 20, 2012

JKH on the Recent MMR/MMT Debates

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Read it at Modern Monetary Realism JKH on the Recent MMR/MMT Debates by JKH Important. This is actually a paper rather than a blog post...
111 comments:
Tuesday, February 21, 2012

Steve Randy Waldman schools Matt Yglesias on unit labor costs

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In an otherwise excellent post, Matt Yglesias commits one of the deadly sins of monetary policy: Read it at Interfluidity Restraining uni...
2 comments:
Saturday, February 18, 2012

Winterspeak — "MMT is not Monetarism"

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Interfluidity claims that monetarism shares more with MMT than we all think.   [SRW] "I think MMTers, market monetarists, and Keynes...
Sunday, February 5, 2012

Haitao Zhang’s macro stabilization proposal

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I first “met” Haitao Zhang seven or eight ago, when we were both frequent commenters at Brad Setser’s remarkable blog. After I wrote about ...
2 comments:
Monday, December 26, 2011

Steve Randy Waldman — "Why is finance so complex?"

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Finance has always been complex. More precisely it has always been opaque, and complexity is a means of rationalizing opacity in societies ...
Saturday, December 17, 2011

Steve Randy Waldman on bank bailouts

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Speaking of wealth redistribution (up), here is a good compliment to Randy Wray and J. Andrew Felkerson's post on the Fed bailouts. ...
3 comments:
Friday, April 22, 2011

Winterspeak responds to SRW

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Comments on Interfluidity Here is my favorite: SRW : The internet is a fractious place. Many MMT-ers are civil and patient, and devote enorm...
1 comment:
Thursday, April 7, 2011

FLASH: Steve Randy Waldman Engages MMT

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Steve Randy Waldman adresses MMT at Interfluidity in MMT stabilization policy — some comments & critiques . This promises to be the moth...
5 comments: