Pinboard (asterisk2a)
https://pinboard.in/u:asterisk2a/public/
recent bookmarks from asterisk2aAdam Posen: What Japan and the UK Demonstrate about Macroeconomic Stimulus - YouTube2016-01-30T03:43:50+00:00
https://www.youtube.com/watch?v=8Ko9tcdWY90
asterisk2aAbenomics economic history secular stagnation UK austerity Japan BOE BOJ Mark Carney deflationary deflation demographic bubble ageing population migration immigration Sozialpolitik Integrationspolitik Paul Krugman JGB ZIRP NIRP QE liquidity trap balance sheet recession Richard Koo deleveraging ECB TLTRO LTRO debt monetisation monetization monetary policy transmission mechanism stimulus theory unconventional system financial repression distortion speculative bubbles creditrating creditrisk junk bond NPL credit recovery George Osborne Fiscal Pact Schuldenbremse Super Cycle sovereign crisis debtoverhang currency-war currency debasement war current account deficit trade IMF OBR foreign direct investment Conservative Party nasty fairness Generationengerechtigkeit folly errorhttps://pinboard.in/u:asterisk2a/b:bf6c1d1cc83e/Bank of Japan shocks markets by adopting negative interest rates | World news | The Guardian2016-01-29T17:17:17+00:00
http://www.theguardian.com/world/2016/jan/29/bank-of-japan-shocks-markets-by-adopting-negative-interest-rates
asterisk2aECB BOJ ZIRP NIRP QE debt monetisation monetization monetary policy transmission mechanism theory unconventional stimulus system deposit levy MarioDraghi Abenomics economic history deleveraging debtoverhang balance sheet recession GFC recovery Yen Euro credit bubble liquidity trap distortion asset allocation equity speculative bubbles bond property New Normal financial repression faultlines global economy structural imbalance imbalances demographic ageing population Japan UK secular stagnation western world inflation expectation targeting nominal GDP deflation Sweden Switzerland China Yuan JGB 2016 USA Europe sovereign crisis austerity business confidence consumer Super Cycle currency-war currency debasement warhttps://pinboard.in/u:asterisk2a/b:58f5fa2e9c35/Holes in the walls of the Brics by FT Hard Currency2015-10-01T20:49:44+00:00
https://soundcloud.com/ft-hard-currency/holes-in-the-walls-of-the
asterisk2aBRIC China Russia India Brazil reform liberal economic credit bubble global economy trade fiscal policy monetary democracy Makers corruption bribery killer apps Niall Ferguson 2015 QE currency-war currency war debasement AIIB Frontier Markets emerging middle class market Developing World western Politicshttps://pinboard.in/u:asterisk2a/b:5d494405f9a6/Nomi Prins-Federal Reserve Transition to Destruction - YouTube2015-10-01T18:55:48+00:00
https://www.youtube.com/watch?v=AFMinapKlTA
asterisk2aZIRP NIRP book QE reflate reflation equity bubble credit Taper Richard Koo BRIC China 2015 junk bond trickle-down economics Super Rich 1% property household debt UK USA BOE Fed mandate Janet Yellen Mark Carney MPC monetary policy transmission mechanism excess reserves retail banking secular stagnation wage disposable income distribution inequality Gini coefficient squeezed middle class job creation market labour Niedriglohnsektor Service Sector Jobs recovery GFC benbernanke alangreenspan dot.com speculative bubbles bank bailout crisis leverage margin trading Cycle servitude private monetization monetisation fiscal austerity consumer card car loan debtoverhang economic history zombie banks corporations mainstreet.org Wall Street profit maximisation shareholder value crony capitalism corporate asset correction mortgage libor rigging scandal trust Career Politicians neoliberalism neoliberal FX hot-money currency-war currency debasement war balance sheet recession Niall Ferguson financial repression distortion Prhttps://pinboard.in/u:asterisk2a/b:08ebad32b940/Icahn warns of potential looming catastrophe2015-09-30T19:59:31+00:00
http://www.cnbc.com/2015/09/27/-of-potential-looming-catastrophe.html
asterisk2aasset bubble speculative bubbles reflate reflation ZIRP NIRP QE UK BOE USA Fed mandate equity bond junk Student Loan car credit card household debt private consumer debtoverhang recovery fiscal policy monetary unconventional 2015 BRIC China Brazil GFC bank crisis bailout banking NPL shadow PBOC BOJ Abenomics hot-money currency-war currency debasement war BIS centralbanks ECB excess reserves investment retail liquidity trap FX QT Taper 2016 secular stagnation Richard Koo Niall Ferguson Joseph Stiglitz austerity Paul Krugman Gini coefficient inequality Super Rich 1%https://pinboard.in/u:asterisk2a/b:9044a66b43d5/IMF warns of new financial crisis if interest rates rise | Business | The Guardian2015-09-29T15:31:05+00:00
http://www.theguardian.com/business/2015/sep/29/imf-warns-new-financial-crisis-interest-rates-rise
asterisk2acredit bubble 2015 Taper centralbanks IMF OECD Frontier Markets Developing World Richard Koo Debt Super Cycle BRIC AIIB Bank recovery global economy trade globalization globalisation flat borderless currency-war currency debasement war BOE BOJ Abenomics ZIRP NIRP QE unknown unkown unintended consequences FOMO asset allocation capital malinvestment speculative bubbles property China Brazil commodity prices Oil price OPEC reflate reflation equity emerging middle class demographic secular stagnation western UK USA Europe Germany austerity divergence faultlines Structural Impediments imbalance Niall Ferguson Fed mandate monetary policy unconventional zombie consumer banks bailout banking crisis fiscal stimulus economic history trickle-down economics tax avoidance evasion inequality Gini coefficient NPL shadow corporations junk bond creditrating distortion financial GFChttps://pinboard.in/u:asterisk2a/b:e0d0d6f45fbc/Fed chief Yellen says US rate rise still likely this year - BBC News2015-09-26T19:17:56+00:00
http://www.bbc.co.uk/news/business-34355192
asterisk2aJanet Yellen Fed mandate inflation expectation targeting secular stagnation western world centralbanks QE ZIRP NIRP Taper QT petrodollar Petroleum Industry commodity prices China credit bubble BRIC Brazil Russia India BIS Richard Koo global economy trade 2015 BOE monetary policy unconventional debtoverhang household debt consumer private card car loan Student deleveraging faultlines Structural Impediments imbalance wage growth squeezed middle class disposable income discretionary spending low distribution inequality Gini coefficient Service Sector Jobs job creation market labour economics Niedriglohnsektor competitive competition flat borderless globalization globalisation recovery fiscal underinvestment productive investment asset FOMO hunt for yield Super Rich 1% hot-money currency-war currency war debasement Dollar speculative bubbles allocation equity distortion irrational exuberance property macroprudential USA UKhttps://pinboard.in/u:asterisk2a/b:d8808a3bb1b0/Rates stay low but fears grow of a market bubble - BBC News2015-09-21T23:55:43+00:00
http://www.bbc.co.uk/news/business-34281167
asterisk2aTaper credit bubble distortion ZIRP NIRP QE 2015 speculative bubbles equity New Normal FOMO hunt for yield bond property capital allocation asset western world BRIC centralbanks BIS Bank PBOC BOE Abenomics currency-war currency debasement war debt monetisation monetization economic history unknown unkown unintended consequences BOJ banking crisis FX reserves excess liquidity trap Richard Koo austerity Fiscal Pact Schuldenbremse UK USA European Union Niall Ferguson secular stagnation developed shadowhttps://pinboard.in/u:asterisk2a/b:bd0ee584e1a9/Weltwirtschaft: BIZ warnt vor Krediten in Schwellenländern - SPIEGEL ONLINE2015-09-19T04:51:08+00:00
http://www.spiegel.de/wirtschaft/unternehmen/weltwirtschaft-biz-warnt-vor-krediten-in-schwellenlaendern-a-1052705.html
asterisk2aBIS credit bubble 2015 China BRIC NPL shadow banking junk bond creditrating crisis excess reserves QE ZIRP NIRP hot-money currency-war currency debasement war centralbanks economic history hunt for yield FOMO speculative bubbles FX Turkey Brazil Developing World Fed distortion unknown unkown unintended consequences Raghuram Rajan BOE BOJ Abenomics PBOC ECB emerging market middle class AIIB Asia South Africa Latin America deflationary deflation secular stagnation western Niall Ferguson globalization globalisation wage disposable income distribution inequality growth mobility gap GFC recovery fiscal policy monetary austerity Pact European Union UK USA Richard Koo Joseph Stiglitz Paul Krugman dogma ideology mandate inflation targeting New Normal trap liquidity reflate reflation asset allocation property capital QT debt monetisation monetization trickle-down economics marginal cost of abundance digital economy Software Is Eating The Bank IMF savings glut faultlines structural imbalance Impediments Super Cycle serhttps://pinboard.in/u:asterisk2a/b:9eccbd653f2a/Jim Grant: The Fed Turned the Stock Market Into a 'Hall of Mirrors' - YouTube2015-09-17T01:58:57+00:00
https://www.youtube.com/watch?v=DMyFlsf-tWs
asterisk2aequity bubble frothy distortion USA Fed ZIRP NIRP QE credit BRIC BOE ECB excess reserves correction 2015 BOJ reflate reflation Abenomics hunt for yield recovery GFC Taper FOMO asset allocation capital behavioral finance economics fiscal policy austerity western world developed secular stagnation disposable income distribution growth low gap consumer confidence business investment underinvestment hot-money speculative bubbles speculation currency-war currency debasement war property Richard Koo monetary stimulus fiat transmission mechanism liquidity trap Pact Schuldenbremse Europe UK Japan Germany marginal propensity to consume debt household job creation security working poor inequality Gini coefficient Sozialer Abstieg squeezed middle class precarious work wage mobility Super Rich 1% bank bailout banking crisis sovereign Polarisation Career Politicians dogma ideology crony capitalismhttps://pinboard.in/u:asterisk2a/b:ce1c04291d3a/Brazil's downgrade | Authers' Note - YouTube2015-09-17T01:05:08+00:00
https://www.youtube.com/watch?v=UCT4goZcGrw
asterisk2aBrazil BRIC Developing World China credit bubble Latin America India Russia South Africa 2015 Niall Ferguson NiallFerguson recovery GFC QE ZIRP NIRP distortion emerging middle class western aggregate demand Supply and economic history Richard Koo monetary policy stimulus transmission mechanism theory globalization globalisation hunt for yield FOMO frothy correction equity speculative bubbles speculation property asset allocation capital hot-money currency-war currency debasement war Fed BOE BOJ Abenomics ECB PBOC banking crisis bank bailout austerity UK USA Europe Fiscal Pact Schuldenbremse consolidation trickle-down economics neoliberalism neoliberal income growth disposable discretionary spending low job creation labour market wage secular stagnation distribution Super Rich 1% marginal propensity to consume consumer debt household business investment confidence global trade economy imbalances Structural Impediments imbalance underemployed participation rate productivity output gap macroeconomic microeconomihttps://pinboard.in/u:asterisk2a/b:4e4b0831cb7a/Raghuram Rajan - One-on-One: an investigative interview - 44th St. Gallen Symposium - YouTube2015-09-14T22:55:17+00:00
https://www.youtube.com/watch?v=fxvtxhKEYic
asterisk2a> little domestic positive impact but spilled over much across the world! // consequences now seen (1) taper tantrum late 2014 & then summer 2015; china slow-down/equity crash & taper anticipation moves followed up by pulling money out of emerging/developing markets! financial market are divergent from domestic business market. cycles shifted apart slightly. investor, business, financial market & consumer confidence are not linked as tightly before! // financial markets are now global, business markets itself not as much! money can be pulled out digitally in an instance. // no net-positive 4 whole world. selfishness. long-run danger. unintended consequences, unknown unknowns. // global sub-optimal monetary policy // global system (monetary system) broke // uncertainty, unknown of taper. timing debate. game of chicken. volatility bc of lots of froth, distortion! // &! youtu.be/SZe3issLIb8]]>Raghuram Rajan BIS centralbanks hot-money currency-war currency debasement war GFC recovery monetary policy QE ZIRP NIRP excess reserves speculative bubbles reflate reflation economic history faultlines credit bubble BRIC 2015 emerging market Developing World western secular stagnation BOJ Abenomics PBOC globalization globalisation financial zombie banks savings glut business confidence investment USA UK Europe China asset allocation FOMO hunt for yield speculation Super Rich 1% property unconventional Fed BOE ECB inflation expectation targeting mandate deflationary deflation fiscal irrational exuberance panic hubris unknown unkown unintended consequences Taper book structural imbalance Impediments reserve fiat current account deficit trade stimulus Germany austerity dogma ideology credibility Career Politicians Pact Schuldenbremse transmission mechanism theory system complexity incomplete information shadow banking uncertainty volatility distortion repression governancehttps://pinboard.in/u:asterisk2a/b:f34f2d8b5d3e/Austerity Now: Brazil's Downgrade and Reckoning - Bloomberg View2015-09-12T14:13:54+00:00
http://www.bloombergview.com/articles/2015-09-10/brazil-s-debt-downgrade-forces-a-reckoning
asterisk2aliberal economic reform BRIC credit bubble 2015 Brazil China India Russia hot-money currency-war currency debasement war centralbanks BIS distortion ZIRP NIRP QE global trade economy GFC recovery PBOC history monetary policy unconventional transmission mechanism liquidity trap 2008 asset allocation Carry speculative bubbles speculation hunt for yield FOMO equity reflate reflation commodity prices South Africa democracy Career Politicians No Representation bribery corruptionhttps://pinboard.in/u:asterisk2a/b:6dd76c2cb23a/Why did Japan stop growing? Professor Takeo Hoshi at ANU - YouTube2015-09-11T21:17:14+00:00
https://www.youtube.com/watch?v=8xpaAPTYAVo
asterisk2aJapan economic history lost decade generation ageing population demographic bubble culture society fiscal stimulus zombie banks corporations banking crisis Exportweltmeister Germany subsidies subsidizing distortion asset Abenomics monetary policy white elephants Richard Koo productivity corporate governance deflationary deflation crowding out Debt Super Cycle BOJ Yen public investment productive stagnation secular currency-war currency debasement war ZIRP QE NIRP liquidity trap transmission mechanism disinflation inflation expectation targeting Makers Career Politicians savings rate glut error marginal propensity to consume poverty squeezed middle class Sozialer Abstieg working poor precarious work inequality Gini coefficient industrial wage growth income disposable distribution low neoliberalism neoliberal part-time Zero Hour Contract Contractor underemployed microeconomic macroeconomic JGB bond monetisation monetization structural imbalance faultlines Impediments excess reserveshttps://pinboard.in/u:asterisk2a/b:62f3990020b3/Group of 20 Financial Leaders Agree to Act to Bolster Growth - The New York Times2015-09-09T19:26:57+00:00
http://www.nytimes.com/2015/09/07/business/international/financial-leaders-agree-to-act-to-bolster-growth.html?_r=0
asterisk2aEurope IMF UK USA western world Richard Koo recovery fiscal policy stimulus long-term view thinking underinvestment productive investment infrastructure industrial STEM R&D austerity George Osborne ChristineLagarde OECD GFC economic history trickle-down economics neoliberalism neoliberal liberal reform Research competitiveness differentiate differentiation value creation added Manufacturing job Niedriglohnsektor Service Sector Jobs Future of Work Smart Grid renewable energy business consumer debt household debtoverhang monetary QE ZIRP NIRP Germany Pact Schuldenbremse Angela Merkel Wolfgang Schäuble inequality Gini coefficient education David Cameron dogma ideology academia academics Mark Blyth Joseph Stiglitz Robert Reich Paul Krugman wage growth income G20 stagnation secular globalisation globalization flat borderless competitive competition currency war currency-war debasement Exportweltmeister BRIC credit bubble global economy trade imbalances faultlines structural imbalance Impediments American Dreamhttps://pinboard.in/u:asterisk2a/b:9f7168dfbdf3/China's impossible trinity - BBC News2015-09-08T08:52:04+00:00
http://www.bbc.co.uk/news/business-34178247
asterisk2aChina liberal economic reform 2015 credit bubble devaluation currency debasement Yuan RMB PBOC IMF SDR macroeconomics monetary policy fiscal QE recovery GFC history banking crisis shadow NPL debtoverhang balance sheet recession deleveraging property hot-money BRIC western world global trade economy deflationary deflation reflate reflation equity asset allocation distortion unknown unkown unintended consequences Fed BOE BOJ Abenomics war currency-war aggregate demand short-fall Richard Koo consumer debt household student loan servitude sovereign Super Cycle public monetisation monetization private globalisation globalization technological progress flat wage growth stagnation secular borderless imbalances faultlines structural imbalance savings glut Impediments inequality squeezed middle class Europe UK OECD marginal propensity to consume Sozialer Abstieg working poor precarious work income deregulation self-regulation Workers Union pressure disposable distribution redistribution low American Dream USA Gini coehttps://pinboard.in/u:asterisk2a/b:4a6557b466d4/Currency Wars - Bloomberg QuickTake2015-09-07T17:00:37+00:00
http://www.bloombergview.com/quicktake/currency-wars
asterisk2acurrency debasement currency-war warhttps://pinboard.in/u:asterisk2a/b:4b49da72640e/Is austerity saving or sinking Brazil's troubled economy? - BBC News2015-09-04T02:40:21+00:00
http://www.bbc.co.uk/news/business-34069222
asterisk2aBrazil 2015 credit bubble BRIC economic history recovery GFC monetary policy hot-money currency-war currency debasement war system theory liquidity trap fiscal austerityhttps://pinboard.in/u:asterisk2a/b:55bfd4cf7f22/«Die Chinesen haben einen Plan – und das ist ein gewaltiger Vorteil» - watson2015-09-01T00:16:53+00:00
http://www.watson.ch/!608477789?utm_rainbowunicorn=0
asterisk2aAIIB China economic history 2015 credit bubble deflationary deflation devaluation currency-war currency war debasement western world UK USA Europe developed Developing BRIC austerity infrastructure investment productive business confidence consumer ZIRP NIRP QE fiscal policy monetary Pact Schuldenbremse Angela Merkel Wolfgang Schäuble sovereign debt crisis banking 21stcentury public personal underinvestment education Gini coefficient inequality social mobility income poverty trap status quo Career Politicians contract lost decade generation recovery GFC budget2015 Frontier Markets emerging middle class market industrial Revolution 2.0 added value creation STEM Software Is Eating The knowledge economy secular stagnationhttps://pinboard.in/u:asterisk2a/b:44e486be8fbc/Steen Jakobsen: Get Ready For The Biggest Margin Call In History - YouTube2015-08-31T23:59:01+00:00
https://www.youtube.com/watch?v=fnp5ETnKylU
asterisk2aAbenomics Yen Yuan RMB devaluation currency-war fiat currency debasement war deflationary deflation credit bubble PBOC China cycle business financial crisis leverage margin trading underinvestment productive investment public personal infrastructure rebalancing structural imbalance Impediments Career Politicians short-term Fortune 500 shareholder value profit maximisation Wall Street ROI STEM Research R&D confidence consumer New Normal hunt for yield output gap productivity Software Is Eating The World Robotics 3D printing Steen Jakobsen incentive secular stagnation Manufacturing Industrial Revolution 2.0 policy AIIB Asia European Union share buyback 2015 equity speculative bubbles bond property asset allocation distortion demographic ageing population western developed liquidity trap UK USA Europe BOE Fed BOJ ECB bank bailout toobigtofail too big to jail bail banking sovereign debt austerity ideology dogma economic history trickle-down economics neoliberalism neoliberalhttps://pinboard.in/u:asterisk2a/b:d092a0875a0b/Forget China - Oil Price Is Main Driver Of Market Turmoil | Zero Hedge2015-08-31T18:46:11+00:00
http://www.zerohedge.com/news/2015-08-31/forget-china-oil-price-main-driver-market-turmoil
asterisk2aOil price energy OPEC 2015 China commodities global trade economy western world developed BRIC credit bubble ZIRP NIRP QE PBOC economic slowdown reflate reflation asset allocation hunt for yield liquidity trap Fed BOE BOJ ECB hot-money currency-war currency debasement war history debt monetisation monetization contagion VIX volatility uncertainty unknown unkown unintended consequences margin trading deleveraging Greed Wall Street profit maximisation shareholder value share buyback hubris panic behavioral finance economics irrational exuberance growth monetary policy stimulus unconventional zombie banks business confidence consumer recovery speculative bubbles speculation equity bond property damagehttps://pinboard.in/u:asterisk2a/b:c81ec071f641/Marc Faber: The Global Economy Is Entering An Epic Slump - YouTube2015-08-31T05:11:18+00:00
https://www.youtube.com/watch?v=bY-eFr7ug9A&feature=youtu.be&t=9m20s
asterisk2aliquidity trap credit bubble 2015 China private debt household PBOC equity property hunt for yield speculative bubbles asset allocation bond distortion margin trading NPL zombie banks banking crisis shadow leverage underwater contagion USA UK Europe developed world IMF OECD QE currency-war currency debasement war fiscal stimulus policy monetary Jim Rogershttps://pinboard.in/u:asterisk2a/b:e3b3a673c1bc/(2012/13) After the Financial Crisis: How to Tell the Forest from the Trees - YouTube2015-08-31T00:31:32+00:00
https://www.youtube.com/watch?v=V3FPmu2_J_0
asterisk2aMark Blyth austerity GFC recovery 2015 economic history bank bailout sovereign debt crisis Greece PIIGSFB zombie banks liquidity trap ECB UK BOE Fed USA China faultlines structural imbalance Impediments global imbalances savings rate glut shadow banking investment European Union hunt for yield reflate reflation ZIRP NIRP QE bond bubble speculative bubbles asset allocation toxicassets badbank policy error too big to bail jail toobigtofail TBTF Richard Koo trust distrust trustagent Insolvenzverschleppung insolvency insolvent underinvestment productive business confidence consumer deflationary deflation secular stagnation globalization globalisation hot-money currency-war currency debasement war New Normal margin trading demographic property equity ageing population western world emerging middle class Frontier Markets Developing BRIC market IMF OECD credit inequality Gini coefficient Thomas Piketty poverty social mobilityhttps://pinboard.in/u:asterisk2a/b:a68b051a7d3c/The Draghi Put - YouTube2015-08-30T22:55:22+00:00
https://www.youtube.com/watch?v=sVCIivy7dG0
asterisk2a90% debt2gdp u have a problem! == Rechtsruck &or Anti-Austerity. Political tail-risk!]]>Draghi Put ECB ELA TLTRO LTRO QE ZIRP NIRP liquidity trap distortion bond bubble asset equity reflate reflation financial repression allocation speculative bubbles deflationary deflation inflation expectation targeting MarioDraghi monetary transmission mechanism M3 policy stimulus theory hot-money hunt for yield debt monetisation monetization trust devaluation currency debasement currency-war fiat trustagent distrust Richard Koo fiscal austerity balance sheet recession deleveraging servitude Super Cycle Mark Blyth inequality New Normal economic history underinvestment productive investment infrastructure output gap productivity UK Europe Germany PIIGSFB zombie banks Thomas Piketty demographic ageing population growth Rechtsruck SNP European Election 2014 UKIP AfD NPD Conservative Party Tories Establishment Privileged babyboomers Lügenpresse manufactured consent PR spin doctor propaganda populism Labour Career Politicians No Representation social contract Generationengerechtigkeit fairness poverty Gini coefhttps://pinboard.in/u:asterisk2a/b:8bb174a071ae/China economy: Weakened foundations by FT Big Read2015-08-24T22:39:44+00:00
https://soundcloud.com/ft-analysis/china-economy-weakened
asterisk2aChina QE reflate reflation GFC recovery economic history 2015 correction distortion asset bubble equity property speculative bubbles speculation hunt for yield allocation fiscal stimulus monetary policy hot-money infrastructure investment public devaluation Yuan RMB PBOC global trade economy deflationary deflation western world globalization globalisation imbalances secular stagnation developed currency-war currency debasement war ZIRP NIRP Japan Abenomics Yenhttps://pinboard.in/u:asterisk2a/b:4127a1424b81/Global economy woes spark share falls - BBC News2015-08-20T12:56:20+00:00
http://www.bbc.co.uk/news/business-34003197
asterisk2aChina Yuan RMB inflation expectation targeting disinflation wage dis-inflation deflationary deflation Fed PBOC currency debasement devaluation war currency-war Dollar Japan Yen BOJ Abenomics economic history Taper 2015 recovery labour market participation rate unemployment structural long-term productivity output gap distortion ZIRP NIRP QE secular stagnation UK USA Europe BIS Oil price OPEC energy New Normal FOMC commodity prices global trade economy headwindshttps://pinboard.in/u:asterisk2a/b:3c5f896bfba3/James Rickards - The Death of Money - 04-30-15 - YouTube2015-07-04T23:38:40+00:00
https://www.youtube.com/watch?v=2xDSgOMifo8
asterisk2aeconomic model book history monetary policy unconventional system theory modern academia academics science sociology psychology discounted risk discount complexity distributed behavioral economics finance dogma ideology centralbanks Fed technocrat IMF World Bank Troika bailout too big to jail toobigtofail TBTF austerity debt monetisation monetization currency war currency-war debasement SDR Special Drawing Right AIIB inflation EuropeanSystemicRiskBoard systemicrisk counterpartyrisk leverage zombie banks Wall Street financial repression literacyhttps://pinboard.in/u:asterisk2a/b:ceb86fdcaddf/Are Covert Operations Underway In The Global Currency Wars? | Zero Hedge2013-05-23T23:11:28+00:00
http://www.zerohedge.com/news/2013-05-23/are-covert-operations-underway-global-currency-wars
asterisk2acurrency debasement war BOJ currency-war Asia policy error Japan follyhttps://pinboard.in/u:asterisk2a/b:7c55d4452d95/OtterWood Observations on Japan, May 2013 - YouTube2013-05-22T23:53:28+00:00
http://www.youtube.com/watch?v=AR3TyfKTeNE#!
asterisk2a> "The Math Is Stacked Against Japan - It's Not 'If', It's When" >> - 5 year time horizon - + http://www.businessinsider.com/kyle-bass-warns-against-japanese-stocks-2013-4 + http://www.creditwritedowns.com/2013/04/kyle-bass-gets-it-wrong-on-japanese-bonds.html "The bond vigilante stuff is a myth."]]>currency debasement monetary policy bond bubble war vigilante GFC reflation unintended consequences New Normal Yen BOJ currency-war Gold Abenomics lostdecade debtoverhang QE JGB NIRP financial repression economic history Debt Super Cycle Carry Trade monetisation sovereign crisis hunt for yield ZIRP inflation monetization Japanhttps://pinboard.in/u:asterisk2a/b:807a9da234e4/Mr Soros Trumps Mrs Watanabe | Zero Hedge2013-04-09T17:03:13+00:00
http://www.zerohedge.com/news/2013-04-09/mr-soros-trumps-mrs-watanabe
asterisk2a> the world is selling their Yen holdings and or bet against the Yen. >> the last few months have seen not Mrs Watanabe (euphemistically selling her JPY to find better returns elsewhere) but the likes of Mr. Soros and Mr. Bass who see the endgame disorderly collapse of a currency (or perhaps it is the rest of the G7 central bankers unwinding JPY-based reserves to 'help' their fellow central planner out). The bulk of JPY selling pressure has come during non-Tokyo trading hours, as the Japanese, until last week at least, appear much more timid about Abenomics' chances of success. + >> http://www.zerohedge.com/news/2013-04-08/yen-surges-japans-deputy-pm-says-excessive-yen-gain-corrected]]>currency debasement QE JGB war G7 debt monetisation G8 Yen ZIRP BOJ currency-war G20 Abenomics centralbanks monetizationhttps://pinboard.in/u:asterisk2a/b:11934888aed8/BBC News - Bank of Japan's Haruhiko Kuroda in aggressive growth move2013-04-08T23:48:22+00:00
http://www.bbc.co.uk/news/business-22023291
asterisk2a> http://www.boj.or.jp/en/announcements/release_2013/k130404a.pdf >> http://www.zerohedge.com/news/2013-04-04/boj-unveils-shock-and-awe-quantitative-qualitative-easing >> http://www.zerohedge.com/news/2013-04-04/boj-qeases-kurodas-shock-and-awe-post-mortem-goldman-and-socgen >> http://www.forexlive.com/blog/2013/04/04/boj-s-kuroda-no-concern-over-asset-or-jgb-bubble/ "accepts that monetary easing tends to weaken currency" http://www.forexlive.com/blog/2013/04/04/boj-temporarily-suspending-bank-note-rule-is-the-trigger/ >> http://youtu.be/GWAc56AFvbc & http://youtu.be/IOWrU0buNiA >> program not bigger than UK (BOE) QE program.]]>currency debasement monetization QE JGB 2013 monetary policy war bond bubble economic history bubbles theory reflation unintended consequences debt monetisation structural imbalance ZIRP liquidity-trap deflation BOJ currency-war Abenomics lostdecade Japanhttps://pinboard.in/u:asterisk2a/b:dfc0a77ed7db/Kyle Bass: "Japanese Retirees Will Lose Up To Half Of Their Life Savings" | Zero Hedge2013-04-08T19:13:47+00:00
http://www.zerohedge.com/news/2013-04-07/kyle-bass-japanese-retirees-will-lose-half-their-life-savings
asterisk2a> 70 year debt super cycle winding down. Creative Destruction Never happened in Japan. Disorderly Yen move because of loss of confidence and trust. Social fabric will be torn. Likely that G7 / G20 start to mistrust each other. There is no 'if', there is only 'when'. The crowd doesn't get the moves right. >> http://www.zerohedge.com/news/2013-04-07/japanese-finance-ministry-warns-surge-jgb-volatility-may-lead-sharp-bond-selloff >> http://www.zerohedge.com/news/2013-04-07/livid-chinese-economists-call-boj-decision-monetary-blackmail-demand-chinese-central >> http://www.zerohedge.com/news/2013-04-07/nikkei-63000000-and-other-flashbacks-complete-dylan-grice-japan-series]]>monetization currency debasement monetary policy Politics unintended consequences G7 zombie banks Yen liquidity-trap social fabric BOJ currency-war Abenomics unrest greatrecession lostdecade folly QE JGB 2013 trust economic history confidence debt monetisation bubble Error trustagent ZIRP greatdepression G20 toobigtofail centralbanks Japanhttps://pinboard.in/u:asterisk2a/b:f3135d622c3f/Texas Wants Its Gold Back - YouTube2013-04-07T03:01:49+00:00
http://www.youtube.com/watch?v=Qulzke1TytA
asterisk2abail-in currency debasement economic history Cyprus currency-war Gold Bundesbankhttps://pinboard.in/u:asterisk2a/b:97b712249e78/Sprott: Do Western Central Banks Have Any Gold Left? Part II | Zero Hedge2013-03-20T20:30:30+00:00
http://www.zerohedge.com/news/2013-03-19/sprott-do-western-central-banks-have-any-gold-left-part-ii
asterisk2acurrency debasement QE monetary policy 2013 Fed fiat economic history modern theory ZIRP BOE greatdepression ECB BOJ system currency-war centralbanks greatrecessionhttps://pinboard.in/u:asterisk2a/b:5b829442ac9a/Dylan Grice Explains How "Crackpot" Central Bankers Are Destroying Society | Zero Hedge2013-03-12T02:19:05+00:00
http://www.zerohedge.com/news/2013-03-11/dylan-grice-explains-how-crackpot-central-bankers-are-destroying-human-society
asterisk2acurrency debasement monetary policy theory modern unintended consequences academia BOE ECB BOJ currency-war greatrecession lostdecade QE Fed society lostgeneration trust economic history philosophy confidence trustagent ZIRP greatdepression economics centralbankshttps://pinboard.in/u:asterisk2a/b:56c6a9ef13e2/Bank Of Japan May Buy Derivatives Next | Zero Hedge2013-03-12T02:11:59+00:00
http://www.zerohedge.com/news/2013-03-11/bank-japan-may-buy-derivatives-next
asterisk2acurrency debasement QE monetary policy 2013 fiat economic history theory modern derivatives liquidity-trap ZIRP deflation BOJ currency-war abenomics inflation lostdecade Japanhttps://pinboard.in/u:asterisk2a/b:d3311951ad80/China Central Bank Says It Is "Fully Prepared For Looming Currency War" | Zero Hedge2013-03-04T00:03:39+00:00
http://www.zerohedge.com/news/2013-03-02/china-central-bank-says-it-fully-prepared-looming-currency-war
asterisk2acurrency debasement 2013 fiat currency-war Chinahttps://pinboard.in/u:asterisk2a/b:0fee94d6e2a9/Schweizer Franken: Die hochriskante Wette der Schweizer Notenbank - SPIEGEL ONLINE2013-01-13T12:08:28+00:00
http://www.spiegel.de/wirtschaft/soziales/schweizer-franken-die-hochriskante-wette-der-schweizer-notenbank-a-876739.html
asterisk2aSNB currency debasement currency-war greatrecession greatdepression 2013 monetary policy theory system CHF sovereign debt crisis PIIGS economic historyhttps://pinboard.in/u:asterisk2a/b:d62a3fed3f6c/Stephen Roach On Why Abe's Aggression Won't Save Japan //via ZeroHedge2012-12-30T20:08:54+00:00
http://www.project-syndicate.org/commentary/why-quantitative-easing-will-not-save-japan-by-stephen-s--roach
asterisk2aUK stephenroach liquidity-trap currency-war currency debasement banking crisis debtoverhang France structural imbalance status quo Politics liberal economic reform PIIGS Europe savings glut zombie consumer greatrecession GFC Richardkoo banks Japan lostgeneration lostdecade 2013 sovereign debt unintended consequences monetisation ZIRP QE history 2012 monetary theory policy Abenomics BOE BOJ ECB Fed USA balance sheet recession consumptionhttps://pinboard.in/u:asterisk2a/b:abe63e332270/Ausblick 2013: Die Krise kommt nach Europa zurück - SPIEGEL ONLINE2012-12-20T00:47:16+00:00
http://www.spiegel.de/wirtschaft/ausblick-2013-die-krise-kommt-nach-europa-zurueck-a-873829.html
asterisk2abenbernake MarioDraghi Mario ECB greatrecession GFC PIIGS monetization monetary theory currency-war currency debasement sovereign debt crisis Euro 2013 2012 BOE Fed inflation reflation BOJ nominal GDP targeting Mark Carney policyhttps://pinboard.in/u:asterisk2a/b:ee6d17e3e25d/Japan wählt neues Unterhaus: LDP und Abe zurück an die Macht - SPIEGEL ONLINE2012-12-16T19:36:26+00:00
http://www.spiegel.de/politik/ausland/japan-waehlt-neues-unterhaus-ldp-und-abe-zurueck-an-die-macht-a-873227.html
asterisk2amonetization monetarism JGB JPY Keynesianism monetary policy fiscal Abenomics folly error 2012 deflation currency-war currency debasement QE BOJ greatrecession GFC lostdecade status quo LDP election2012 Politics Japanhttps://pinboard.in/u:asterisk2a/b:aeee5ed75139/Japan to join currency wars as exports slump - Telegraph2012-10-22T22:18:24+00:00
http://www.telegraph.co.uk/finance/financialcrisis/9626542/Japan-to-join-currency-wars-as-exports-slump.html
asterisk2aeconomic history 2012 ZIRP QE BOJ currency-war currency debasement greatrecession GFC Japanhttps://pinboard.in/u:asterisk2a/b:6129b2e681bf/EZB: Ankündigung von Draghi zum Anleihenkauf enttäuscht Anleger - SPIEGEL ONLINE2012-08-02T20:23:31+00:00
http://www.spiegel.de/wirtschaft/soziales/ezb-ankuendigung-von-draghi-zum-anleihenkauf-enttaeuscht-anleger-a-847943.html
asterisk2aZIRP QE SMP bank crisis banking greatrecession GFC currency-war currency debasement default Greece policy folly error 2012 Europe blackswan confidence trustagent trust tail risk Euro creditcrunch Monetary System theory sovereign debt PIIGS Jens Weidmann MarioDraghi Bundesbank ECBhttps://pinboard.in/u:asterisk2a/b:4f6fa9d973d4/Jeremy Grantham: "I, For One, Wish That The World Would Get On With Whatever Is Coming Next" | ZeroHedge2012-08-02T02:28:59+00:00
http://www.zerohedge.com/news/jeremy-grantham-i-one-wish-world-would-get-whatever-coming-next
asterisk2adebtoverhang deleveraging lostgeneration lostdecade Japan global-economy global imbalances society currency-war currency debasement centralbanks Europe USA UK policy folly error politics reflation sovereign debt crisis greatrecession GFC declinehttps://pinboard.in/u:asterisk2a/b:9cb35d5696d1/PIMCO | Investment Outlook - Cult Figures2012-08-01T00:13:47+00:00
http://www.pimco.com/EN/Insights/Pages/Cult-Figures.aspx
asterisk2aaccounting global-economy global imbalances developed world frontiermarkets emergingmarkets BRIC Switzerland hot-money currency-war currency debasement unintended consequences EMU UK BOE ECB Fed centralbanks monetary theory policy economic-thought deleveraging debt bubble debtoverhang confidence trustagent trust politics pension scheme obligation fund financial repression economic history Europe USA lostdecade greatrecession GFC PIMCO new-normal inflation reflationhttps://pinboard.in/u:asterisk2a/b:13ff9d0deada/Australia AiG July manufacturing index 40.3 vs. 47.2 prior | ForexLive2012-07-31T23:56:40+00:00
http://www.forexlive.com/blog/2012/07/31/australia-aig-july-manufacturing-index-40-3-vs-47-2-prior/
asterisk2aCanada property bubble bubbles policy folly error global-economy global imbalances unintended consequences NIRP QE ZIRP currency-war currency debasement hot-money newzealand australiahttps://pinboard.in/u:asterisk2a/b:83274614a9e1/More chatter about the EUR/CHF peg | ForexLive2012-07-31T23:41:15+00:00
http://www.forexlive.com/blog/2012/07/31/more-chatter-about-the-eurchf-peg/
asterisk2acurrency-war currency debasement SNBhttps://pinboard.in/u:asterisk2a/b:0d1c6c72bac7/Charting Europe's Broken Transmission Channels | ZeroHedge2012-07-31T23:34:21+00:00
http://www.zerohedge.com/news/charting-europes-broken-transmission-channels
asterisk2acreditcrunch monetary theory unintended consequences currency-war currency debasement policy folly error Politics confidence trustagent trust banking crisis bank QE debtoverhang deleveraging GFC greatrecession 2012 sovereign debt MarioDraghi SMP LTRO moneysupply velocity of money transmission System ECB PIIGS Euro competitivenesshttps://pinboard.in/u:asterisk2a/b:0d2a579ca340/Is The Swiss National Bank Faking It? | ZeroHedge2012-07-02T23:23:58+00:00
http://www.zerohedge.com/news/swiss-national-bank-faking-it
asterisk2amonetary theory policy System inflation property bubble credit BIS centralbanks currency-war capital-flight capital-controls foreignexchange CHF Switzerland SNB 2012 sovereign debt crisis EMU Europehttps://pinboard.in/u:asterisk2a/b:3b882a8ec611/Notes for currency wars: The trilemma of international finance | vox - Research-based policy analysis and commentary from leading economists2012-06-23T21:57:36+00:00
http://www.voxeu.org/index.php?q=node/8102
asterisk2amacroeconomics economics international finance monetary theory policy PBoC CHF currency-war currency debasement SNB Switzerland foreignexchangehttps://pinboard.in/u:asterisk2a/b:984ac40ea978/Gross Says Low Quality of Debt Threatens Monetary System - Bloomberg2012-06-01T02:36:26+00:00
http://www.bloomberg.com/news/2012-05-31/gross-says-quality-of-sovereign-debt-threatens-monetary-system.html
asterisk2aWallStreet fiscal policy inflation reflation debtoverhang Monetary System currency-war currency debasement MarioDraghi UK BOE MervynKing trichet benbernake alangreenspan bubble banking deleveraging folly error LTRO USA Europe greatrecession GFC PIMCO sovereign debt crisis unintended consequences QE ZIRPhttps://pinboard.in/u:asterisk2a/b:adc8329a1546/Guest Post: About Those High Gasoline Prices… Look Again | ZeroHedge2012-03-04T02:10:50+00:00
http://www.zerohedge.com/news/guest-post-about-those-high-gasoline-prices%E2%80%A6-look-again
asterisk2acommodities Oil 2012 monetary policy inflation reflation unintended consequences centralbanks LTRO QE ZIRP currency-war currency debasement Goldhttps://pinboard.in/u:asterisk2a/b:c5a3a59e2438/Eric Sprott On Unintended Consequences | ZeroHedge2012-02-27T23:08:26+00:00
http://www.zerohedge.com/news/eric-sprott-unintended-consequences
asterisk2aZIRP centralbanks China Russia currency debasement currency-war Gold solvency monetary policy sovereign debt crisis reflation 2012 2011 LTRO BOJ BOE QE ECB Fed unintended consequenceshttps://pinboard.in/u:asterisk2a/b:1efd30eef463/The Global Future of Europe’s Crisis - Kemal Derviş - Project Syndicate2012-02-22T16:04:13+00:00
http://www.project-syndicate.org/commentary/dervis7/English
asterisk2atrade war balance tradedeficit currency-war foreignaffairs political economy politics globalization global-economyhttps://pinboard.in/u:asterisk2a/b:18a97ee41c5a/Quantitative easing: Just more of the same? | The Economist2012-02-14T04:36:36+00:00
http://www.economist.com/node/21547248?fsrc=scn/fb/wl/ar/justmoreofthesame
asterisk2aliquidity mittelstand SMB SME quantitative-easing sovereign debt crisis creditcrunch currency-war debtoverhang leverage reflation 2012 monetary policy QE BOEhttps://pinboard.in/u:asterisk2a/b:b8e57ff892ce/A Very Different Take On The "Iran Barters Gold For Food" Story | ZeroHedge2012-02-09T23:30:09+00:00
http://www.zerohedge.com/news/very-different-take-iran-barters-food-story
asterisk2aforeignexchange foreignaffairs 2012 barter economy Asia India Gold Dollar USA Iran China currencies currency-warhttps://pinboard.in/u:asterisk2a/b:7a9af954251c/Unprecedented Global Monetary Policy As World Trade Volume Craters | ZeroHedge2012-02-03T18:24:45+00:00
http://www.zerohedge.com/news/unprecedented-global-monetary-policy-world-trade-volume-craters
asterisk2aeconomics 2012 currency-war UK Europe USA PIIGS sovereign debt crisis centralbanks game theory monetary policyhttps://pinboard.in/u:asterisk2a/b:51905f20628a/Asia's Priciest Cities - YouTube2011-09-13T02:20:50+00:00
http://www.youtube.com/watch?v=KWe4quV_jcI
asterisk2aasia inflation currency currency-war productivity economy hongkong singapore tokyo beijing china yuan citiybreak indiahttps://pinboard.in/u:asterisk2a/b:a29f5bd509ec/Brazilian Government intervenes to protect Real from overvaluation | Forex Magnates2011-08-17T07:00:50+00:00
http://forexmagnates.com/brazilian-government-intervenes-to-protect-real-from-overvaluation/
asterisk2abrazil hot-money QE ZIRP 2011 capital-controls two-speed developing-world centralbanks currency-warhttps://pinboard.in/u:asterisk2a/b:e62ecc353574/