Showing posts with label bank lending.. Show all posts
Showing posts with label bank lending.. Show all posts

Monday, April 2, 2018

David Andolfatto and Andrew Spewak — Debt Monetization: Then and Now


Upping their game. However, I think that the explanatory narrative needs some work. Are these the controlling factors?

FRBSL — On the Economy
Debt Monetization: Then and Now
David Andolfatto, Vice President and Economist, and Andrew Spewak, Senior Research Associate

See also

Over-building as a factor?

FRBNY — Liberty Strteet
Quantities and Prices during the Housing Bust
Sonia Gilbukh and Paul Goldsmith-Pinkham