The credibility of the Federal Reserve around the world has been built over decades. Source: https://www.nytimes.com/2019/04/06/upshot/fed-moore-cain-risk-partisanship.html?partner=rss&emc=rss
Tag: Inflation (Economics)
Modern Monetary Theory Finds an Embrace in an Unexpected Place: Wall Street
M.M.T.’s fans include Alexandria Ocasio-Cortez, Bernie Sanders — and financial analysts at Goldman Sachs, Nomura and GMO. Source: https://www.nytimes.com/2019/04/05/business/economy/mmt-wall-street.html?partner=rss&emc=rss
The March Job Numbers Tell Us the Economy Is (Still) Doing Fine
After a weak showing last month, a sigh of relief as this expansion seems to have room to run yet. Source: https://www.nytimes.com/2019/04/05/upshot/the-march-job-numbers-tell-us-the-economy-is-still-doing-fine.html?partner=rss&emc=rss
Economic View: Modern Monetary Theory Makes Sense, Up to a Point
Urgent goals might justify more debt for a while, the economist Robert Shiller says, but this does not license unlimited spending or endlessly accelerating debt. Source: https://www.nytimes.com/2019/03/29/business/modern-monetary-theory-shiller.html?partner=rss&emc=rss