Readers may recall that last year I was invited to the annual Milken Institute Global Conference as a financial reporter. I was not invited back this year because they were displeased with my commentary (they let me know it). My articles for the most part had to do with technical economic issues that were discussed [...]
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Business Insider is reporting some comments by Willem Buiter, an economist with Citigroup in London, that are absolutely shocking. Start with these recommendation to central banks: – (i)reducing rates, first by lowering them all the way to zero (UK and euro area), then by eliminating the effective lower bound on nominal interest rates (all four [...] |
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