#MonetaryPolicy

1 day ago

Several Major Central Banks Take Coordinated Action to Boost Liquidity Amidst Banking Crisis

https://news.bitcoin.com/several-major-central-banks-take-coordinated-action-to-boost-liquidity-amidst-banking-crisis/

#internationalcounterparts #globalfundingmarkets #EuropeanCentralBank #financialstability #networkofswaplines #emergencytakeover #liquiditybackstop #SwissNationalBank #financialsystem #USbankingsystem #FederalReserve #financialgiant #MonetaryEasing #MonetaryPolicy #supplyofcredit

3 days ago

Elon Musk Criticizes Federal Reserve’s Data Latency and Calls for Immediate Rate Drop Amidst Banking Chaos

https://news.bitcoin.com/elon-musk-criticizes-federal-reserves-data-latency-and-calls-for-immediate-rate-drop-amidst-banking-chaos/

#Bankinginstitutions #long-durationassets #financialstability #rate-hikecampaign #SiliconValleyBank #savingsaccounts #USbankingsector #economicpolicy #FederalReserve #financialrisks #MonetaryPolicy #washingtonpost #bankcollapses #BenchmarkRate #bankruns

4 days ago

If you are interested in economic news and analysis, feel free to follow and/or check out our website http://econ-intel.com. We cover #GovernmentSpending, the #FederalReserve, #MonetaryPolicy, and a bunch more that impact all our lives.

We are one of the few sources anywhere talking about the fact that the Federal Reserve is losing money. Should be big news!

So we find ourselves interesting😉 Perhaps you will too 😀

And welcome to the weekend😃!

Queer Lit Cats

1 week ago

New Yorker: The Old Policy Issues Behind the New Banking Turmoil https://www.newyorker.com/news/our-columnists/the-old-policy-issues-behind-the-new-banking-turmoil #NewYorker #FinancialRegulation #News/OurColumnists #FederalReserve #MonetaryPolicy #Dodd-Frank #Bailouts #Banking

Anthony D. Becker :betahat:

1 week ago

Bank of England Shuts Down Silicon Valley Bank’s UK Branch After US Regulators Close Parent Company

https://news.bitcoin.com/bank-of-england-shuts-down-silicon-valley-banks-uk-branch-after-us-regulators-close-parent-company/

#CaliforniaDepartmentofFinancialProtectionandInnovation #bankinsolvencyprocedure #VentureCapitalFunds #hargreaveslansdown #SiliconValleyBank #SusannahStreeter #BankingIndustry #financialsector #financialsystem #MonetaryPolicy #bankcustomers #BankofEngland #Insolvency

#economics #inflation #MonetaryPolicy

A metaphor for the Fed trying to reduce inflation by raising interest rates:

Doctor: You don’t get enough exercise and you eat too many fatty foods. You need to lose weight.
Patient: So, what do you suggest? Exercise and diet changes?
Doctor: That might work, but I’m an orthopedic surgeon, so I suggest amputation.

Bitcoin Proponents Slam Nobel Laureate Paul Krugman After Venmo Payment Issue

https://news.bitcoin.com/bitcoin-proponents-slam-nobel-laureate-paul-krugman-after-venmo-payment-issue/

#subprimemortgagecrash #financialinstitution #CensorshipResistant #FinancialTechnology #KeynesianEconomics #PaymentProcessors #nobelprizewinner #DigitalCurrency #Cryptocurrency #economicimpact #electroniccash #MonetaryPolicy #OnlinePayments #paymentsystems #Decentralized #DigitalAssets #michaelsaylor #Bitcoin

Tom Drummond

From a review of @RobertReich book: The System: Who Rigged it and How We Fix It.
“…money may not be a zero-sum situation, power is. And when America's plutocrats use money to capture power to make sure that they monopolize future money, rage swells, human potential withers on the vine, and the soul of the country changes."--Anand Giridharadas, author, Winners Take All #unite #commons #vote #stophate #monetarypolicy #righttheship

joe•iuculano :mastodon:

#Canada
#recession #inflation #MonetaryPolicy

#Breaking
#BankOfCanada leaves key #IntetestRate unchanged for 1st time in over a year

https://grabancijas.com/powell-najavio-ostrije-poskupljenje-zaduzivanja-srusio-burze/

#monetarypolicy #economy

US #FederalReserve Chairman #JeromePowell recognized inflationary pressures in current data and suggested that the #ratehikes could go higher with steeper pace than anticipated.

'To restore #pricestability, we will need to see lower #inflation in this sector, and there will very likely be some softening in labor #market conditions,' #Powell said about full #employment.

As usual, hint of stronger tightening turned the #stocks red.

Monetary policy of cryptocurrencies, explained - Monetary policy for cryptocurrencies is a game-changer — with fix... - https://cointelegraph.com/explained/monetary-policy-of-cryptocurrencies-explained #cryptocurrencies #monetarypolicy

Monetary policy of cryptocurrencies, explained

https://cointelegraph.com/explained/monetary-policy-of-cryptocurrencies-explained

#cryptocurrencies #Monetarypolicy

If you are interested in economic news and analysis, feel free to follow and/or check out our website http://econ-intel.com. We cover #GovernmentSpending, the #FederalReserve, #MonetaryPolicy, and a bunch more that impact all our lives.

We are one of the few sources anywhere talking about the fact that the Federal Reserve is losing money. Should be big news!

So we find ourselves interesting😉 Perhaps you will too 😀

And welcome to the weekend😃!

https://grabancijas.com/temeljna-inflacija-u-europodrucju-u-veljaci-skocila-s-5-3-na-5-6-eurostat/

#economy #monetarypolicy

#Core #inflation in #eurozone keeps boiling, coming at 5.6% in February versus 5.3% in January.

#HICP declined a bit, 8.6%>8.5%.

#Unemployment remains at historic lows.

#Markets and #analysts took the readings as guarantee of further #rate #hikes.

#monetarypolicy #eurozone

#Germany's #CPI/#HICP came in hotter than expected.

Consumer prices in February went up 9.3% YoY, 1% MoM.

Latest readings reinforce expectations that the tightening will ensue beyond March.

https://grabancijas.com/neocekivani-rast-cijena-u-njemackoj-veljaca-2022/

https://grabancijas.com/u-veljaci-neocekivano-snazenje-inflacije-u-francuskoj-i-spanjolskoj/

#eurozone #monetarypolicy

February #inflation came in hotter than expected in #France and #Spain.

#Germany will drop relevant data tomorrow and #Eurostat on Thursday - as things stand now we're in for the ride.

https://grabancijas.com/prvi-pad-novcana-mase-u-povijesti-eurozone-m1/

#historical #note #economy

#Moneysupply (M1) in the #Eurozone fell for the first time ever reflecting #tightening of lending activities and financial conditions - latest #monetarypolicy decisions.

Lending to consumers and businesses is down third month in a row.

We have made a few posts tracking and discussing that the Federal Reserve is losing money. Obviously, this is a very bizarre outcome. Additionally, it eliminates the funds that the Fed provides to the treasury. How and why is this happening? That and related peculiar accounting procedures are discussed:
https://econ-intel.com/fed-losses-the-fed-is-losing-money-federal-reserve-balance-sheet/
@economics
#economics #MonetaryPolicy #money

The graph shows Fed losses by week and the cumulative Federal Reserve losses on the balance sheet of the Federal Reserve. Shows the Fed is losing money. As the end of 2022 the Fed lost money for 15 consecutive weeks. Losses average almost $1.2 billion per week. Accumulated Fed losses exceed $18 billion as of December 28, 2022.

4 weeks ago

If you are interested in economic news and analysis, feel free to follow and/or check out our website http://econ-intel.com. We cover #GovernmentSpending, the #FederalReserve, #MonetaryPolicy, and a bunch more that impact all our lives. We are one of the few sources anywhere talking about the fact that the Federal Reserve is losing money.

So we find ourselves interesting😉 Perhaps you will too 😀

And welcome to the weekend😃!

#monetarypolicy #monetarytightening

4 weeks ago

The #EuropeanCentralBank (#ECB) had no #profits for the first time in 15 years in 2022 which means that the #stakeholders (other centrals and govs) won't get any #dividend.

Central reported annual #loss of more than 1.6 billion euros citing writedowns in its #bond #investments.

#Analysts weigh that the bleeding will continue for a while.

Interest rate dependent losses can surmount to anywhere between 90 and 600 billion euros.

https://grabancijas.com/ecb-prvi-put-u-15-godina-bez-dividende-za-nacionalne-sredisnjice-vlade/

4 weeks ago

#economy

#Eurozone #CPI show general easing of #inflationary pressures in January, with #HICP coming at 8.6% after 9.2% in December.

Unfortunately, core #inflation remains sticky, itchy, climbing 0.1% MoM.

Core measure excludes volatile #prices, such as #food and #energy, and are thus closely observed, preferred by #monetarypolicy makers.

Long story short, #monetarytightening in the eurozone will continue unabated.

In-depth: https://grabancijas.com/u-sijecnju-nastavljeno-usijavanje-temeljne-inflacije-u-europodrucju/

https://grabancijas.com/snazenje-poslovnih-aktivnosti-u-sad-u-prepalo-wall-street-na-burzama-najgori-dan-u-2023/

#snapshot #inflation #economy #monetarypolicy #SPGlobal

Exit of #USA #PMIs from contraction zone knocked the #WallStreet, erased all gains since beginning of the year.

AnarchistSpaceDad

The #WorkingClass is stuck between a rock and a hard place when it comes to #Inflation. Central banks massively expanded the #MoneySupply during the #pandemic, so the damage has already been done. Either central banks constrain the #MoneySupply to hold down the working class's #wages and spending power, or they can keep money supply loose and let the price of consumer goods and assets continue to grow faster than wages.

There is really only one option for the working class: #unionize. I predict that central banks will continue to tighten #MonetaryPolicy, because this creates the threat of layoffs and helps employers avoid exactly this outcome.

We need to #organize anyway, and not just through #LaborUnions. We need to help each other through #MutualAid, and we need to advocate for one another and for change, by any means necessary.

EUR-Lex

The annexes to the Monetary Agreements between the 🇪🇺 European Union and #SanMarino, #Andorra, #Monaco and #TheVatican have been amended.

Read all details in the #OfficialJournal L 53 🗞️ https://europa.eu/!QGwrXr

#MonetaryPolicy #Banking

🐦🔗: https://n.respublicae.eu/EURLex/status/1627951444933373952

Moody’s Says Forex Shortages May Force Nigerian Central Bank to Delay Repaying Local Banks - The persistent scarcity of foreign exchange may force the Nigerian central bank to... - https://news.bitcoin.com/moodys-says-forex-shortages-may-force-nigerian-central-bank-to-delay-repaying-local-banks/ #centralbankofnigeria(cbn) #presidentmuhammadubuhari #nairademonetization #terrorismfinancing #forexblackmarket #moneylaundering #monetarypolicy #nairaredesign #africa

Moody’s Says Forex Shortages May Force Nigerian Central Bank to Delay Repaying Local Banks

https://news.bitcoin.com/moodys-says-forex-shortages-may-force-nigerian-central-bank-to-delay-repaying-local-banks/

#CentralBankofNigeria(CBN) #PresidentMuhammaduBuhari #nairademonetization #terrorismfinancing #forexblackmarket #MoneyLaundering #MonetaryPolicy #nairaredesign #Africa

If you are interested in economic news and analysis, feel free to follow and/or check out our website http://econ-intel.com. We cover #GovernmentSpending, the #FederalReserve, #MonetaryPolicy, and a bunch more that impact all our lives. We are one of the few sources anywhere talking about the fact that the Federal Reserve is losing money.

So we find ourselves interesting😉 Perhaps you will too 😀

And welcome to the weekend😃 !

US Inflation Remains Higher Than Expected, Raising Concerns Among Investors

https://news.bitcoin.com/us-inflation-remains-higher-than-expected-raising-concerns-among-investors/

#FederalOpenMarketCommittee #disinflationaryprocess #consumerpriceindex #USLaborDepartment #consumerspending #CPIreportJanuary #Cryptocurrencies #FederalFundsRate #FinancialMarkets #BidenInflation #FederalReserve #InflationRates #MonetaryPolicy #PreciousMetals #GlobalEconomy #interestrates #PriceIncrease #JoeBiden

Poetry News

#boj #kazuoueda #monetarypolicy #haiku #poetry

New leader of BOJ
Must choose between two paths now
Time to decide wisely

https://www.nytimes.com/2023/02/13/business/bank-of-japan-kazuo-ueda.html

#inflation #economy #monetarypolicy

https://grabancijas.com/ecb-vidi-rastuci-teret-dugorocni-gubitak-u-javnim-financijama/

#ECB in its latest assessment (here: https://www.ecb.europa.eu/pub/economic-bulletin/articles/2023/html/ecb.ebart202302_01~2bd46eff8f.en.html) sees long term negative impact on public #finances in #eurozone.

Suppose these storms will mean local food will cost more. Will the Reserve Bank use this to further punish us for not being wealthy oligarchs? #MonetaryPolicy

Hi, just scrolling through the #FollowFriday posts and seeing who is here.

If you are interested in economic news and analysis, feel free to follow and/or check out our website http://econ-intel.com. We cover #Government spending, the #FederalReserve, #monetarypolicy, and a bunch more that impact all our lives.

And welcome to the weekend😃 !

Gold Coins Help Zimbabwe Achieve ‘Price and Exchange Rate Stability’ — Central Bank - The Reserve Bank of Zimbabwe recently revealed that some 25,188 of its value-prese... - https://news.bitcoin.com/gold-coins-help-zimbabwe-achieve-price-and-exchange-rate-stability-central-bank/ #reservebankofzimbabwe #zimdollardepreciation #zimbabweinflation #monetarypolicy #johnmangundya #exchangerate #goldcoins #africa

Gold Coins Help Zimbabwe Achieve ‘Price and Exchange Rate Stability’ — Central Bank

https://news.bitcoin.com/gold-coins-help-zimbabwe-achieve-price-and-exchange-rate-stability-central-bank/

#ReserveBankofZimbabwe #Zimdollardepreciation #Zimbabweinflation #MonetaryPolicy #JohnMangundya #Exchangerate #goldcoins #Africa

Bylines Scotland

#economics #MonetaryPolicy #Scotland #bylines
https://bylines.scot/economics/monetary-policy/advantages-of-a-scottish-pound/

🆕 Advantages of a Scottish Pound
John Randall ponders if Scotland would be better off with their own currency if they achieved independence from the rest of the UK

Hi, just scrolling through the #FollowFriday posts and seeing who is here.

If you are interested in economic news and analysis, feel free to follow and/or check out our website http://econ-intel.com. We cover #Government spending, the #FederalReserve, #monetarypolicy, and a bunch more that impact all our lives.

And welcome to the weekend😃 !

EconomicsInTen

#InterestRates are on the rise and will have a huge impact on #economies around the world. We have produced a guide to #MonetaryPolicy, so have a listen to find out more... https://open.spotify.com/episode/1Xo3rEqQSGifb8Dh7kN7Cg

Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell

https://news.bitcoin.com/federal-reserve-raises-benchmark-interest-rate-by-0-25-disinflationary-process-early-says-powell/

#disinflationaryprocess #benchmarkinterestrate #conflictingsignals #MonetaryTightening #maximumemployment #FederalFundsRate #Tradingsessions #Ukraineconflict #FederalReserve #marketanalysts #MonetaryPolicy #PreciousMetals #cryptoeconomy #FOMCstatement #jeromepowell

the Importance of Reserve Requirements, #ReserveRequirements. what happens from decreasing the Reserve Requirements, and the Current Reserve Requirements in 2023. What term should we build in next? #monetarypolicy #knowledge #economy

MrBerard 😎👉👉

#Inflation #Economy #MonetaryPolicy

#CentralBanks making all sorts of announcements, then only slowly ticking the #InterestRates up is known in economist circles as "Quantitative Teasing".

@economics @politicalscience

Hi, Here is a brief article that we published today. It discusses the two-front battle that Zimbabwe is fighting against both hyperinflation and the IMF's wishes. Makes for an interesting read. Let us know what you think about the article and how you think it will pan out.
https://econ-intel.com/zimbabwe-wrangles-with-inflation-the-imfs-advice/
#gold #news #IMF #economics #MonetaryPolicy #inflation

Mosi-oa-Tunya, Zimbabwe's gold coin issued to fight or at least counteract Zimbabwe's hyperinflation. 33.93grams, 91.67% gold (22 carats).

mohansus

https://rammohansusarla.in/2022/05/06/unicorn-bubble-bursting-history-repeating-the-fed-hiked-the-rates-this-much-in-2000-at-the-peak-of-the-dotcom-mania/

First it was #byjus, the #worlds most #valuable #edtech #unicorn. Now, it is a rash of #indian #startups, with #billion #dollar #valuations biting the dust.

Each day brings #news of more #layoffs in these #distressed #firms. Anyway, these #unicorns were never turning in a #profit.

Of course, the culprit here is easy #money, fueled by the #ultra #loose #monetarypolicy of the #federalreserve and other #centralbanks.

Shauna GM

I'm not an economist, so when I read articles saying the Federal Reserve wants to slow wage growth, it sounds to me like something a cartoon villain would say. I get that higher wages theoretically lead to inflation, and I know why runaway inflation is bad, but I don't understand why everyday workers making more money is a bad sign but capitalists making huge profits over the last decade wasn't.

What should I read to understand? #economics #monetarypolicy #inflation

DeFi, DAOs and NFTs: Crypto is redefining how charities raise funds - Crypto donations are so much more than just peer-to-peer Bitcoin ... - https://cointelegraph.com/news/defi-daos-and-nfts-crypto-is-redefining-how-charities-raise-funds #decentralizedautonomousorganization #cryptoforcharity #monetarypolicy #anneconnelly #philanthropy #southafrica #omarantila #argentina #nigeria #vietnam #banking

DeFi, DAOs and NFTs: Crypto is redefining how charities raise funds

https://cointelegraph.com/news/defi-daos-and-nfts-crypto-is-redefining-how-charities-raise-funds

#DecentralizedAutonomousOrganization #CryptoForCharity #MonetaryPolicy #AnneConnelly #Philanthropy #SouthAfrica #OmarAntila #Argentina #Nigeria #Vietnam #Banking

World Bank Report Forecasts Bleak Global Economic Outlook, Citing ‘Adverse Developments’ and ‘Long-Lasting Slowdown’ - On Jan. 10, 2023, the World Bank published its Global Economic Prospects report, s... - https://news.bitcoin.com/world-bank-report-forecasts-bleak-global-economic-outlook-citing-adverse-developments-and-long-lasting-slowdown/ #sustainabledevelopment #developmentfinance #climateresilience #economicrecovery #economicslowdown #financialcrisis #globalrecession #monetarypolicy

World Bank Report Forecasts Bleak Global Economic Outlook, Citing ‘Adverse Developments’ and ‘Long-Lasting Slowdown’

https://news.bitcoin.com/world-bank-report-forecasts-bleak-global-economic-outlook-citing-adverse-developments-and-long-lasting-slowdown/

#sustainabledevelopment #developmentfinance #Climateresilience #economicrecovery #economicslowdown #FinancialCrisis #globalrecession #MonetaryPolicy #climatechange #Developments #Fiscalpolicy #geopolitical #interestrate #CentralBank

Lennard van Otterloo

#EU #Eurozone #Euro #Devaluation #Currency #MonetaryPolicy #Economics #FT #FinancialTimes

Currency devaluation is not the useful tool you think it is, lesson no. 341.

"Monetary independence is overrated, and the euro is riding high"
https://www.ft.com/content/0ab15f24-d491-4016-9b16-24540471e1d7

In recent years it has — or should have — become increasingly clear that monetary “independence” in the sense of having one’s own floating currency is not all it is cracked up to be. The advantage is supposed to be that a falling currency can offset negative shocks by boosting exports. As the 2016 drop in sterling after Britain’s EU referendum demonstrated, however, in a world of long and complex cross-border supply chains, a depreciation may only make your population poorer by driving up the price of imports, with no boost to export volumes.

Poetry News

#inflation #monetarypolicy #economy #haiku #poetry

Inflation's a game
Power and policy all play
Kick the ball and win

https://www.nytimes.com/2023/01/03/opinion/inflation-economy.html

Steve Campbell

https://stayathomemacro.substack.com/p/goodbye-twitter?r=yn7pm&utm_campaign=post&utm_medium=email

#ClaudiaSahm, originator of the eponymous "#SahmRule," has left #Twitter.

I'm a bit sad. Might I invite her here? #Twittermigration #twitterexodus

She was one of those scholars who made it big but still seemed like a real human and not so self-absorbed that they can actually respond to you, follow you back, engage, etc. Please read her goodbye post. It is real. And down-to-earth. #Economics #MonetaryPolicy #FederalReserve #FED

Japan Bends to Global Forces Pushing Up Rates https://www.wsj.com/articles/japan-bends-to-global-forces-pushing-up-interest-rates-11671542634 #Politics/InternationalRelations #internationalrelations #Political/GeneralNews #DomesticPolitics #RegionalPolitics #domesticpolitics #regionalpolitics #WSJ-PRO-WSJ.com #MonetaryPolicy #HaruhikoKuroda #monetarypolicy #InterestRates #interestrates #EconomicNews #economicnews #generalnews #political #politics #SYND

HïMY SYeD🟩:mstdn:

https://democracyjournal.org/magazine/taming-the-economy/

Book Review : "A Monetary and Fiscal History of the United States, 1961-2021"

By Alan Blinder

| #BookReview #MonetaryPolicy

Time Might Run Out for Japan's Low-Rate Policy https://www.wsj.com/articles/time-might-run-out-on-japans-low-rate-policy-11671334684 #GovernmentBorrowing #governmentborrowing #FinancialServices #GovernmentFinance #governmentfinance #financialservices #WSJ-PRO-WSJ.com #CentralBanking #Banking/Credit #MonetaryPolicy #monetarypolicy #centralbanking #InterestRates #interestrates #EconomicNews #economicnews #BankofJapan #Banking #8301.TO #JP:8301 #banking #credit #SYND

Swiss Central Bank Follows Fed With 0.5-Point Rate Rise https://www.wsj.com/articles/swiss-central-bank-follows-fed-with-0-5-point-rate-rise-11671096704 #SchweizerischeNationalbank #FinancialServices #SwissNationalBank #financialservices #WSJ-PRO-WSJ.com #CentralBanking #Banking/Credit #MonetaryPolicy #monetarypolicy #centralbanking #InterestRates #interestrates #EconomicNews #economicnews #wsjworld #Banking #SNBN.EB #CH:SNBN #banking #credit #SYND

U.K. Inflation Eases, Following Global Trend https://www.wsj.com/articles/u-k-inflation-eased-in-november-following-global-trend-11671004437 #EconomicPerformance/Indicators #InflationFigures/PriceIndices #Electricity/GasUtilities #economicperformance #inflationfigures #WSJ-PRO-WSJ.com #MonetaryPolicy #monetarypolicy #InterestRates #interestrates #EconomicNews #priceindices #economicnews #gasutilities #electricity #indicators #inflation #Utilities #utilities #wsjworld #SYND

Sampath Pāṇini ® ✅

https://www.breitbart.com/economy/2022/12/09/breitbart-business-digest-inflation-is-becoming-entrenched/
#inflation #MonetaryPolicy #jeromepowell #economy #business #ConsumerPriceIndex

Breitbart Business Digest: Inflation Is Becoming Entrenched: “monetary policy acts on the economy with long and variable lags”

Jonathan-FL 🇺🇸 🌊🇺🇦🇵🇸⚛️

Olivier Simard-Casanova 🏳️‍🌈

An important read for those who follow the #Fed's policies (mistakes?)...
-- #Inflation due to #Covid and #war in #Ukraine shows us the limits of #MonetaryPolicy.
Yesterday, Fed Vice Chair Lael Brainard gave a speech, "What Can We Learn from the Pandemic and the War about Supply Shocks, #Inflation, and Monetary Policy?" It starts an important conversation. - by Claudia #Sahm https://open.substack.com/pub/stayathomemacro/p/inflation-due-to-covid-and-war-in?utm_campaign=post&utm_medium=web

#MonetaryEconomics #Macroeconomics

I’m currently writing an article on #MonetaryPolicy for @ecosceptique, and the fact I’m enjoying writing it makes me close to question everything I believe in

New Naira Banknotes to Make Monetary Policy More Effective — Nigerian Central Bank Governor - The Central Bank of Nigeria governor, Godwin Emefiele, has said the newly designed... - https://news.bitcoin.com/new-naira-banknotes-to-make-monetary-policy-more-effective-nigerian-central-bank-governor/ #economicandfinancialcrimescommission(efcc) #centralbankofnigeria(cbn) #presidentmuhammadubuhari #nairaparallelmarket #financialinclusion #godwinemefiele #monetarypolicy #nairaredesign #economics

New Naira Banknotes to Make Monetary Policy More Effective — Nigerian Central Bank Governor

https://news.bitcoin.com/new-naira-banknotes-to-make-monetary-policy-more-effective-nigerian-central-bank-governor/

#EconomicandFinancialCrimesCommission(EFCC) #CentralBankofNigeria(CBN) #PresidentMuhammaduBuhari #nairaparallelmarket #financialinclusion #GodwinEmefiele #MonetaryPolicy #nairaredesign #Economics

EconomicsInTen

#Inequality
#MonetaryPolicy
#FiscalPolicy

Here is a list of all our specials. This is where we try and connect #economics to different topics. It's always fun to discuss these...

#Happiness
#Environment
#Christmas x 3
#Love
#Coronavirus
#Positivity
#Sport
#FoodAndDrink
#CostofLiving

We also have primers on a few areas you'd study in Economics.

Finally we love recommending #books, so there are 3 #Summer #Reading Specials...

https://open.spotify.com/show/44pI1bcAKbrA2fLZpwJF4X#:~:text=In%20this%20podcast%20from%20your,poem%20that%20ends%20the%20episode!

IMF Blog: Better Regulation of Africa’s Growing Crypto Market Urgently Needed - A well-regulated African cryptocurrency market is needed in order to protect users... - https://news.bitcoin.com/imf-blog-better-regulation-of-africas-growing-crypto-market-urgently-needed/ #economicandmonetarycommunityofcentralafrica(cemac) #internationalmonetaryfund(imf) #bitcoinlegaltender #financialstability #crypto-volatility #cryptocurrency #monetarypolicy #cryptoassets #storeofvalue #africa #ftx

Nigeria’s Rising Inflation and Foreign Exchange Shortages Fueling Devaluation Speculation — IMF Mission - According to the International Monetary Fund (IMF)’s mission concluding statement,... - https://news.bitcoin.com/nigerias-rising-inflation-and-foreign-exchange-shortages-fueling-devaluation-speculation-imf-mission/ #centralbankofnigeria(cbn) #financialinclusion #unbankedpopulation #nairadevaluation #nigeriainflation #monetarypolicy #exchangerate #economics #e-naira #imf

TJ Palanca

#economics #MonetaryPolicy

Just realized that we haven’t yet reached levels prescribed by the #TaylorRule for interest rates - likely more pain for borrowers and reduced spending next year.

https://www.economist.com/finance-and-economics/2022/11/10/interest-rates-have-risen-sharply-but-is-monetary-policy-truly-tight

CUSP :unverified:

Very well captured this!
For those interested in further reading on the subject matter, check the recent report: Beyond the #Debt Controversy—Re-framing #fiscal and #monetary policy for a post-pandemic era → https://cusp.ac.uk/themes/aetw/beyond-the-debt-controversy/

___
#MMT #FunctionalFinance #SoundFinance #LevellingUp #FiscalPolicy #MonetaryPolicy cc #Austerity #JeremyHunt #Treasury #AutumnBudget

Toby Phillips