Tag: Monetary policy
Essays on modern monetary policy pt. 3: The folly of negative...
Business history, of a sort, was made last week by the French pharmaceutical company, Sanofi, its blood thinner Plavix familiar to those with arteriosclerosis,...
Essays on modern monetary policy pt. 2: Ponzi schemes and Ricardian...
Last week, I reiterated the immutable foundation of double-entry bookkeeping. For every financial asset there is a corresponding financial liability.
But it may not be...
