Tea with FT

As a former Executive Director of the World Bank I know that the columnists of the Financial Times have more voice than what I ever had, and therefore they might need some checks-and-balances.

Would a child shouting out “the Emperor is naked” have his observation published in FT? Would he now need a PhD for that to happen?

For more see "A Blog is Born" at the very bottom.

Showing posts with label MMT. Show all posts
Showing posts with label MMT. Show all posts
February 07, 2022

If we want public debt to protect citizens today and tomorrow, it behooves us to make sure it cannot be too easily contracted.

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Sir, I refer to John Plender’s “ The virtues of public debt to protect citizens ” FT February 7, 2022. Sir, as a grandfather I do fear debt ...
April 12, 2019

In the Fed, more than Trading Floor experiences, we need Main-Street experiences.

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Sir, Mohamed El-Erian writes “Let’s not forget some market participants’ growing interest in modern monetary theory, including the view tha...
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