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Economics
Discussion List
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What might the 1918 Pandemic tell us about wage inflation?Wage inflation tends to be sticky. Here is a chart that measures how much the average person's pay can buy of the S&P 500 over time. As the line rises, more of the S&P 500 can be bought, and as it declines, the opposite. You can see a sharp rise after the 1918 Pandemic. This might tell us something going forward.
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Are these two positions on credit creation reconcilable, is one person looking at different data,...Juliette Declercq on 6-22-2021 Q: When you say that, what you mean is that it didn't really end up being new lending that went out into the economy? It wasn't credit creation? Juliette Declercq: Exactly. No credit creation because basically there is no final demand. If you basically boost base money without any hope of final demand, there is just basically no reason to invest. You're basically cutting short the cycle that you're actually trying to pump up. For me, that's really like a macro…
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Full employment as a policy, what does that mean? What country has this? And does it work at scal...Full employment as a policy, what does that mean? What country has this? And does it work at scale?
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Saw this proposal out for community feedback and want to get the community's thoughts on the impl...Saw this proposal out for community feedback and want to get the community's thoughts on the implications on asset prices, inflation, economy if this goes through: https://www.consumerfinance.gov/about-us/newsroom/cfpb-proposes-mortgage-servicing-changes-to-prevent-wave-of-covid-19-foreclosures/ The Consumer Financial Protection Bureau (CFPB) today proposed a set of rule changes intended to help prevent avoidable foreclosures as the emergency federal foreclosure protections expire. -
@"Edward Harrison " I think you did a great job with the interview below. I've heard a fair amoun...@"Edward Harrison " I think you did a great job with the interview below. I've heard a fair amount of Austrian economics, and read about it a bit, but this is a very bite-sized approach for non-economists/sophisticated retail investors. https://www.realvision.com/shows/the-interview/videos/the-austrian-perspective-on-recoveries-bubbles-and-monetary-policy For decades, the schools of economic thought that have informed monetary and fiscal policy decisions have been decidedly not Aust…