The Fed will tighten “Until Something Breaks?” Wait a minute… Something Big Has Already Broken: Price Stability — Wolf Street
Day: October 12, 2022
Bank of England Bought Only Small Amounts of Bonds even Today, Warns Pension Funds They Have “Only Three Days Left” to Unwind Derivatives with BOE Support — Wolf Street
BOE is caught between 10% inflation it needs to crack down on with rate hikes & QT and a crisis over derivatives that leveraged UK pension funds blew their brains out with. Bank of England Bought Only Small Amounts of Bonds… Read More ›
There’s Lots of “Liquidity” in the Treasury Market, but at Higher Yields, in this Raging Inflation — Wolf Street
Higher Yields Solve “Liquidity” Problems. There’s Lots of “Liquidity” in the Treasury Market, but at Higher Yields, in this Raging Inflation — Wolf Street
Update (12 October 2022)
Looks like my decision to not post anything yesterday has paid off. I think I might be able to post the First Edition of The Third Place by Friday. I need some time to decide on whether I need to… Read More ›
Conclusion: Realizing the Work-Standard
The goals of implementing the Work-Standard have been outlined in sufficient detail. Everything related to its conceptual framework is completed in order to describe how Arbeit and Geld are capable of changing the conduct of economics and finance. Much has… Read More ›
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