Monetary policy has to be forward looking, says RBI Governor #Monetary #RBIGovernor #socialnewsxyz
https://www.socialnews.xyz/2023/09/05/monetary-policy-has-to-be-forward-looking-says-rbi-governor/
#socialnewsxyz #RBIGovernor #monetary
Philip Lane @ECB "The conditions are there, both through the #monetary policy but also through the reversal of #supply shocks, for #inflation to come back to our target in a timely manner in a couple of years". http://tinyurl.com/2tknzys8
We must understand the essential connection between private #property greed, and the separation of #labor , #capital , and property, between exchange and #competition , between human #value and human depreciation, between #monopoly and competition, and between total #alienation and the #monetary system.
#CPC #maxism #socialist #capitalist #china #usa #max #communism #socialism
#property #labor #capital #competition #value #monopoly #alienation #monetary #cpc #maxism #socialist #capitalist #china #usa #max #communism #socialism
https://www.theguardian.com/commentisfree/2023/aug/03/spain-inflation-lower-bank-england-interest-rates More evidence that what controls #Inflation is pressure on #prices and #profits and not #monetary policy.
#monetary #profits #prices #inflation
#monetary #austerity as sinkhole -- #ECB (inscrutable) is hiking policy rate in the face of weakness -- Nobody should bother #ECB with facts -- #European policymakers have already made their mind.
#monetary #austerity #ecb #european
Such a scenario would prompt #ECB to set interest rates at a lower level than they’d be under an independent #German #monetary regime. While the wealthier would receive lower returns on investments, the less well-off would face a smaller tax bill as the state pays less interest on the #debt it issues.
"The #state has no medium of intervention and design of its own; it can only act and maintain itself by using #money and #monetary relations. Dependent on constant blood transfusions, it leads a second-hand life. It cannot continue to exist if the sources of abstract social wealth dry up and taxes and borrowing no longer provide it with its lifeblood in sufficient measure." - #ErnstLohoff, Der dritte Web, #Wertkritik, #ValueCritique
Translated with DeepL https://www.deepl.com/app/?utm_source=android&utm_medium=app&utm_campaign=share-translation
#state #money #monetary #ernstlohoff #wertkritik #valuecritique
Since the rise in #prices was not really one of excess aggregate demand (AD), it’s a mistake to tackle #supply-side-induced #inflation by adopting #monetary #austerity
#prices #supply #Inflation #monetary #austerity
#UK and the risks of #monetary #austerity - Andy Haldane op-ed @FT https://shorturl.at/hrDHS
If, in general, in the context of an economic system, there was more money to be made by being honest, than by #greenwashing (AKA deception) what a vast improvement that would have been.
#greenwashing #climate #psychology #business #monetary #agenda
(must-watch) Heiner Flassbeck: #German fiscal policy is flawed, European #monetary policy is also misguided. #inflation (actually price shift) is over, but the #recession therefore remains (video) @WitzlebenFlavio https://shorturl.at/puFU6
#german #monetary #Inflation #recession
On economic #risks from #biodiversity loss: #ECB Board member Frank Elderson warns that destroying nature will ‘destroy the economy’.
“These physical risks affect supply and therefore they could also affect prices [...] and this is where it could get into the realm of #monetary policy, of #PriceStability and of #inflation.”
Yes indeed.
https://www.ft.com/content/d83602d0-1296-4928-b58a-21cf2a6d2a0f
#risks #biodiversity #ecb #monetary #pricestability #Inflation
The traditional inverse relationship between the value of the #dollar and global #commodities has broken down over the last two years. There is nothing 'natural' about the dollar system.
"the dollar system ... is not in itself equal, balanced or unpolitical. Rather it is highly unequal, crisis-prone and constantly changing."
https://adamtooze.substack.com/p/chartbook-212-the-end-of-the-petrodollar
If we have to live within #capitalism, then #monetary #multipolarity would probably be less damaging than the current #dollar #hegemony .
#hegemony #multipolarity #monetary #capitalism #commodities #dollar
Do you want tips to help you manage your money to its fullest potential?
Check it out!
https://youknowwhatblog.com/articles/how-to-manage-your-money/
#economy #fiscal #monetary #inflation #employment #keynes #didyouknow #youknowwhat
#youknowwhat #didyouknow #keynes #employment #inflation #monetary #fiscal #economy
#Monetary Tightening and U.S. #BankFragility in 2023: Mark-to-Market Losses and #Uninsured #Depositor Runs? https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4387676 "We analyze U.S. banks’ asset exposure to a recent rise in the #InterestRates with implications for #FinancialStability #GlobalFinancialSystem #SystemicRisk #UnisuredDebt #SVB Us #BankingSystem
#monetary #bankfragility #uninsured #depositor #interestrates #financialstability #globalfinancialsystem #systemicrisk #unisureddebt #svb #bankingsystem
Great news on a Friday: our critical review of design choices in #deliberative #monetary #valuation studies is out! Great collaboration led by Eva Wanek and including @Mar_Schaafsma
Free access until 5 May 2023: https://authors.elsevier.com/c/1gm543Hb~0aR04
#deliberative #monetary #valuation
Apparently #inflation got worse. I know that the #government messed up the #monetary policy and #regulations (as we saw last weekend), but why aren’t some #businesses being scrutinized for #PriceGouging in these tough times to earn record profits?
#inflation #government #monetary #regulations #businesses #pricegouging #economy #economics