Pinboard (asterisk2a)
https://pinboard.in/u:asterisk2a/public/
recent bookmarks from asterisk2aAlan Greenspan on Brexit, U.S. Economy, and Inflation (Full Interview) - YouTube2016-06-29T07:29:45+00:00
https://www.youtube.com/watch?v=ec9i_iGCj80
asterisk2aEuropean Union Brexit fiscal Political ECB Alan Greenspan Fed Yanis Varoufakis Janet Yellen PIGS sovereign debt crisis secular stagnation productivity gap disposable income discretionary spending ageing population current account deficit budget GFC entitlement Abenomics monetary policy pension obligation babyboomers Baby Boomers immigration NIRP ZIRP QE economic history Germany Angela Merkel BOE Mark Carney rising middleclass squeezed middle class working poor Precariat populism demagogue demagogy Donald Trump western world savings rate Gini coefficient social mobility triple-lock fund scheme democracy Career Politicians politician output M2 inflation targeting M3 commodity prices global economyhttps://pinboard.in/u:asterisk2a/b:790f14b770fc/FLUCTUATIONS IN ECONOMIC ACTIVITY: ONLY ONE CAUSE2016-06-27T02:02:18+00:00
https://jbhearn.wordpress.com/2016/06/26/fluctuations-in-economic-activity-only-one-cause/
asterisk2aGFC economic history fiscal policy monetary ZIRP NIRP QE distortion M3 liquidity trap credit growth money creation process supply secular stagnation aggregate demand austerity asset bubble allocation hunt for yield western world UK USAhttps://pinboard.in/u:asterisk2a/b:5e39287cc509/Money talks: Clutching at straws by The Economist2016-02-19T01:08:28+00:00
https://soundcloud.com/theeconomist/money-talks-clutching-at-straws
asterisk2aMarioDraghi centralbanks ECB unconventional monetary policy ZIRP NIRP QE OMT TLTRO LTRO deflationary deflation consumer confidence Bundesbank European Union zombie banks Germany recovery refugee crisis Wolfgang Schäuble Angela Merkel fiscal austerity liquidity trap Richard Koo Schuldenbremse Pact stimulus OECD IMF sovereign debt PIGS distortion hunt for yield speculative bubbles unknown unkown unintended consequences Career Politicians short-termism BIS economic history velocity of money supply moneysupply M3 transmission mechanism balance sheet recession debtoverhang deleveraging risk aversion secular stagnation babyboomers ageing population demographic bubble France Niall Ferguson youth unemployment Sozialpolitik Integrationspolitik Soziale Marktwirtschaft underinvestment productive investment output gap productivity Gini coefficient inequality tax evasion avoidancehttps://pinboard.in/u:asterisk2a/b:876469e3112e/Public Lecture by Professor Niall Ferguson 2013-04-09 - YouTube2015-09-13T19:55:34+00:00
https://www.youtube.com/watch?v=36WT2butNrw
asterisk2aNiallFerguson Niall Ferguson Margaret Thatcher economic history political economy GFC recovery credit bubble book Adam Smith adamsmith austerity ideology dogma George Osborne David Cameron USA UK China social contract cohesion tension socialism capitalism crony neoliberalism neoliberal Privatisation monetary policy fiscal hayek reflate reflation Fed ECB BOJ BOE Makers BIS QE ZIRP NIRP bank bailout sovereign debt crisis banking zombie banks excess reserves liquidity trap transmission mechanism M3 business confidence Taper 2015 secular stagnation wage growth income global trade globalization imbalances globalisation flat world borderless JohnMaynardKeynes keynes Keynesianism stimulus aggregate demand marginal propensity to consume consumer Richard Koo private debtoverhang deleveraging household monetisation monetization developed western squeezed middle class disposable distribution inequality Gini coefficient BRIC emerging market Angela Merkel Wolfgang Schäuble Developing Frontier Markets inflation targetinhttps://pinboard.in/u:asterisk2a/b:c62668d3caf0/Japan's IPO of the Century - Bloomberg View2015-09-12T14:18:17+00:00
http://www.bloombergview.com/articles/2015-09-10/japan-s-ipo-of-the-century-will-spur-change
asterisk2aAbenomics Japan economic history 2015 neoliberalism neoliberal TPP Privatisation liberal reform refugee corporate governance culture society demographic bubble competitive competition competitiveness zombie banks corporations deflation Yen BOJ fiscal policy monetary stimulus White Elephants asset allocation R&D STEM industrial China transmission mechanism liquidity trap excess reserves M3https://pinboard.in/u:asterisk2a/b:b0276181f484/Banks Are Perilously Exposed to China - Bloomberg View2015-09-03T21:59:44+00:00
http://www.bloombergview.com/articles/2015-09-02/banks-are-perilously-exposed-to-china
asterisk2aexposure China banking crisis investment UK USA 2015 credit bubble equity speculative bubbles bond property asset allocation distortion ZIRP PBOC NIRP QE QT 2016 balance sheet recession underwater debtoverhang VAR excess reserves shadow fractional reserve Fed BOE London Bank Oversight George Osborne David Cameron Mark Carney liquidity trap Taper monetary transmission mechanism M3 policy stimulus unconventional system theory austerity unknown unkown unintended consequences deregulation self-regulation regulation regulators Westminster Toff Conservative Party Tories Establishment Privileged speculation derivatives financial repression market cycle literacy HSBC Standard Chartered NPL correction overcapacity AIIB Asia FX centralbank margin trading leverage irrational exuberance hubris panic petrodollar Oil price OPEC global trade economy growth imbalances faultlines structural imbalance Impediments debt monetisation monetization BIS Germany Japan Yuan RMB devaluationhttps://pinboard.in/u:asterisk2a/b:3ed1c370409e/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/This Chart Makes the ECB's Mario Draghi Happy - YouTube2015-08-28T19:53:42+00:00
https://www.youtube.com/watch?v=tKVgr2Or6I4
asterisk2aM3 monetary transmission mechanism ECB QE ZIRP NIRP policy stimulus system recovery European Union Euro 2015https://pinboard.in/u:asterisk2a/b:b655525381aa/Mark Blyth Mackenzie Lecture 2015 – Austerity and the Politics of Money - YouTube2015-07-15T23:17:24+00:00
https://www.youtube.com/watch?v=B6vV8_uQmxs
asterisk2aMark Blyth austerity bailout book GFC ECB toobigtofail TBTF bank too big to bail sovereign debt crisis PIIGSFB zombie banks ZIRP NIRP QE financial repression economic history dogma ideology crony capitalism European Union Troika Eurogroup NPL reflate reflation unknown unkown unintended consequences deregulation self-regulation regulation regulators complexity oversight investment banking shadow literacy market Wolfgang Schäuble MarioDraghi equity bubble asset allocation distortion inflation targeting expectation Commission Parliament Angela Merkel GroKo lenderoflastresort Germany EuroFin IMF OECD academia academics M3 monetary policy transmission mechanism Richard Koo debtoverhang deleveraging balance sheet recession fiscal stimulus Pact Schuldenbremse spin doctor PR manufactured consent propaganda Lügenpresse populism corporate media deflationary deflation secular stagnation monetisation monetization Super Cycle budget2015 George Osborne Tories Conservative Party Generationengerechtigkeit fairness No Rhttps://pinboard.in/u:asterisk2a/b:497c39171066/Richard Koo: "Out of the Balance Sheet Recession and into QE 'Trap'" - YouTube2015-07-14T20:49:47+00:00
https://www.youtube.com/watch?v=rMGUveWr7Fg
asterisk2a2015 UK USA liquidity trap QE ZIRP NIRP balance sheet recession deleveraging debtoverhang Japan Fed BOE BOJ GFC recovery austerity economic history model academia deflationary monetary transmission mechanism M3 LTRO TLTRO lost decade generation fiscal policy Career Politicians bond bubble equity property negative real interest rate deposit levy growth trickle-down economics secular stagnation headwinds Great Depression PIIGSFB PIGS macroeconomic microeconomic damage behavioral zombie banks Abenomics squeezed middle class wage cash flow management trust distrust long-term view thinking sovereign debt crisis servitude household monetisation monetization Super Cycle student loan private consumer George Osborne David Cameron competitiveness competitive industrial budget2015 business investment infrastructure demographic uncertainty Sozialer Abstieg disposable income discretionary spending Yen JGB Taper greatrecession USD dogma ideology public short-term productivity output gap underinvestment productive book savihttps://pinboard.in/u:asterisk2a/b:7117ac773faf/Staatsanleihen und Zinsen: Kommt der nächste Crash? - SPIEGEL ONLINE2015-05-17T17:02:38+00:00
http://www.spiegel.de/wirtschaft/staatsanleihen-und-zinsen-kommt-der-naechste-crash-a-1034007.html
asterisk2abond bubble Taper Oil price 2015 asset allocation distortion QE ZIRP NIRP TLTRO LTRO Fed BOJ ECB BOE Europe UK USA sovereign debt crisis recovery GFC economic history zombie banks corporations consumer mortgage market monetary policy Super Cycle deleveraging household monetisation monetization private debtoverhang M3 liquidity trap transmission mechanism energy austerityhttps://pinboard.in/u:asterisk2a/b:0778c84ee3bb/ECB action - but will it work? - YouTube2014-09-06T23:36:05+00:00
https://www.youtube.com/watch?v=qTDkOnFolc8
asterisk2amonetary transmission mechanism NPL zombie banks ECB 2014 policy unconventional ABS QE ZIRP NIRP negative real interest rate OMT LTRO MarioDraghi PIGS deflation deflationary inflation expectation secular stagnation Europe economic history lost decade generation austerity fiscal balance sheet recession debtoverhang sovereign debt crisis deleveraging EuropeanSystemicRiskBoard risk aversion IMF Makers trust trustagent confidence faultlines Structural Impediments imbalance business investment infrastructure creditcrunch creditcrisis M3 Richard Koohttps://pinboard.in/u:asterisk2a/b:d78f0d3fc9e1/Draghi's deflation dilemma - YouTube2014-02-11T03:42:12+00:00
http://www.youtube.com/watch?v=BLYJej9kOWs
asterisk2aECB OMT Germany deflation M3 inflation austerity lost decade generation ZIRP QE NIRP monetary transmission mechanism sovereign debt crisis PIGS unconventional policy theory Euro Europe MarioDraghi banking union expectation deflationary system German Constitutional Court Bundesbank 2014https://pinboard.in/u:asterisk2a/b:060c487a732d/Wolfgang Münchau: Die Gefahren des Jahres 2014 - SPIEGEL ONLINE2013-12-25T12:00:24+00:00
http://www.spiegel.de/wirtschaft/wolfgang-muenchau-die-gefahren-des-jahres-2014-a-940763.html
asterisk2aEurope europeanunion banking union crisis bank sovereign debt fiscal sovereignty austerity 2013 2014 France Spain Italy liberal economic reform greatrecession greatdepression lostdecade lostgeneration Japan history Angela Merkel political folly error FrancoisHollande policy ECB creditcrisis creditcrunch M3 monetary transmission mechanism Richardkoo reflation deflationary deflation inflation ZIRP QE LTRO unintended consequences NIRP negative real interest rate unconventionalhttps://pinboard.in/u:asterisk2a/b:87e4b9d028c8/ECB mulls LTRO with conditions -paper | Reuters2013-11-28T16:59:15+00:00
http://www.reuters.com/article/2013/11/27/ecb-ltro-sueddeutsche-idUSL5N0JC13620131127
asterisk2aLTRO Europe banking crisis bank creditcrisis creditcrunch ZIRP liquidity-trap NIRP negative real interest rate deflationary deflation monetary transmission mechanism ECB policy system austerity liberal economic reform greatdepression M3 greatrecession lostdecade Debt Super Cycle balance sheet recession deleveraging NPLhttps://pinboard.in/u:asterisk2a/b:3dd443e55e7a/Europe Passes The Inflection Point (Or Why LTRO3 Is Inevitable) | Zero Hedge2013-07-29T23:32:47+00:00
http://www.zerohedge.com/news/2013-07-28/europe-passes-inflection-point-or-why-ltro3-inevitable
asterisk2aLTRO 2013 interbank market trust Europe lending confidence M3 monetary transmission mechanism trustagent banking crisis ECB system bankhttps://pinboard.in/u:asterisk2a/b:dc37ba9014ee/What Is A "Liquidity Trap" And Why Is Bernanke Caught In It? | Zero Hedge2013-07-18T17:22:44+00:00
http://www.zerohedge.com/news/2013-07-12/what-liquidity-trap-and-why-bernanke-caught-it
asterisk2a> Tim Geithner once said in an agressive clear tone on that question 'the US is not Japan.']]>monetary policy complexity asset bubble unintended consequences M3 transmission mechanism liquidity-trap BOE ECB deflation BOJ Structural Impediments lostdecade QE debtoverhang NIRP lostgeneration economic history fiscal Debt Super Cycle imbalance austerity ZIRP USA timgeithner deleveraging long-term unemployment deflationary Richardkoo Japan balance sheet recessionhttps://pinboard.in/u:asterisk2a/b:97d955432201/Asmussen: ECB forward guidance goes beyond 12 months, euro falls | ForexLive2013-07-11T15:06:52+00:00
http://www.forexlive.com/blog/2013/07/09/asmussen-ecb-forward-guidance-goes-beyond-12-months-euro-falls/
asterisk2aQE NIRP 2013 monetary policy JörgAsmussen M3 transmission mechanism unconventional liquidity-trap ZIRP negative real interest rate banking crisis greatdepression ECB bank greatrecessionhttps://pinboard.in/u:asterisk2a/b:4aa7da1ff55e/Politik der niedrigen Zinsen: Nordstaaten verhinderten Zinssenkung - SPIEGEL ONLINE2013-07-08T19:20:26+00:00
http://www.spiegel.de/wirtschaft/soziales/politik-der-niedrigen-zinsen-nordstaaten-verhinderten-zinssenkung-a-909863.html
asterisk2aQE NIRP JörgAsmussen Europe creditcrunch M3 Bundesbank monetary transmission mechanism liquidity-trap ZIRP Jens Weidmann negative real interest rate banking crisis ECB bank creditcrisishttps://pinboard.in/u:asterisk2a/b:2cf9712ead81/What The ECB's "Unprecedented" Forward Guidance Means | Zero Hedge2013-07-04T23:47:29+00:00
http://www.zerohedge.com/news/2013-07-04/what-ecbs-unprecedented-forward-guidance-means
asterisk2a> "The move clearly marks an innovative step in the ECB's communication and policy strategy for a bank that previously had always refused to pre-commit on interest rates." >> Problem is - ECB will have it hard to maneuver out of the measures, end schemes, etc. "Monetary Policy is no Panacea." Ben Bernanke. + >> http://www.zerohedge.com/news/2013-07-04/diminishing-effects-qe-programs]]>unemployment monetary policy modern theory Europe M3 zombie banks transmission mechanism banking crisis Structural Impediments creditcrisis QE PIGS debt monetisation imbalance political error creditcrunch forward guidance trustagent austerity Taper greatdepression consumer deleveraging monetization balance sheet recession Politics PIIGSFB GFC MarioDraghi output-gap European Commission Euro liquidity-trap Troika ECB system folly bank greatrecession debtoverhang OMT NIRP communication trust economic history Super Cycle confidence sovereign unconventional escape velocity ZIRP PIIGS Germanyhttps://pinboard.in/u:asterisk2a/b:250d94a45c9b/Relax, central banks can still save us - Telegraph2011-08-23T00:01:34+00:00
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/8714421/Relax-central-banks-can-still-save-us.html
asterisk2aUSA debtoverhang deleveraging balancesheet recession greatrecession GFC depression history paulkrugman sovereign debt crisis ECB monetary policy supply M1 M3 velocity money creditcrunch error folly benbernanke trichet 2011 August JacksonHole lesson greatdepression fiscal austerity europe UK presidency barackobama davidcameron angelamerkel sarkozy GeorgeOsbornehttps://pinboard.in/u:asterisk2a/b:1861221cd358/Italy money supply plunge flashes red warning signals - Telegraph2011-07-14T18:25:10+00:00
http://www.telegraph.co.uk/finance/economics/8636155/Italy-money-supply-plunge-flashes-red-warning-signals.html
asterisk2amoneysupply italy france 2011 recovery greatrecession M1 M3 ECB economics economy politics EFSF ESM bailout PIIGS sovereign debt crisis policy mistake wrong decisionhttps://pinboard.in/u:asterisk2a/b:d7e23f5c14eb/European Loan Growth Accelerated in February on Stronger Economy - Bloomberg2011-03-28T01:08:06+00:00
http://www.bloomberg.com/news/2011-03-25/european-loan-growth-accelerated-in-february-on-stronger-economy.html
asterisk2aM3 inflation loan growth europe 2011 ECBhttps://pinboard.in/u:asterisk2a/b:f2ab9b940fd7/On the Myth of Exploding U.S. Money Supply - Seeking Alpha2011-03-09T02:32:32+00:00
http://seekingalpha.com/article/256913-on-the-myth-of-exploding-u-s-money-supply?source=hp_wc
asterisk2amoneysupply economics ZIRP USA Fed M3 europe chinahttps://pinboard.in/u:asterisk2a/b:0aa67c22702d/YouTube - Taylor Says Fed Should Begin Discussing `Exit Strategy'2011-03-01T19:16:26+00:00
http://www.youtube.com/watch?v=FM9grl2CJZs
asterisk2aQE QE-2.0 Fed unemployment 2011 exitstrategy benbernanke economics quantitative-easing BOJ USA Japan M3 monetary policy lesson inflation commodities bubblehttps://pinboard.in/u:asterisk2a/b:36e0861240ef/RBS tells clients to prepare for 'monster' money-printing by the Federal Reserve - Telegraph2010-07-01T22:09:39+00:00
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/7857595/RBS-tells-clients-to-prepare-for-monster-money-printing-by-the-Federal-Reserve.html
asterisk2aQE monetary policy inflation quantitative quantitative-easing easing Fed ECB BOE 2010 deflation deflationary debt assets benbernanke EMU M3 moneysupplyhttps://pinboard.in/u:asterisk2a/b:450a456717ae/Bob Janjuah: "We Are Trapped In Some Sort Of Horrendous Keynesian/Monetarists' Nightmare...." | zero hedge2010-05-24T19:49:05+00:00
http://www.zerohedge.com/article/bob-janjuah-we-are-trapped-some-sort-horrendous-keynesianmonetarists-nightmare
asterisk2aKeynesianism monetization balancesheet recession richardkoo private public debt sovereign austerity default globalisation economics M3 moneysupply macroeconomics greatrecession UK history Japan argentina Greece PIIGS EMU Europe USA BRIC China brasil emergingmarkets paulvolcker competitive competitiveness Germany Finland euro reflection double-dip reflate developing-world may 2010https://pinboard.in/u:asterisk2a/b:fd84b68865d7/Bernanke Faces Disinflation as CPI Growth Slows - Bloomberg2010-05-09T02:40:42+00:00
http://preview.bloomberg.com/news/2010-05-07/bernanke-confronts-this-time-different-disinflation-as-cpi-nears-deflation.html
asterisk2adeflation inflation usa unemployment 2010 may greatrecession recovery Fed benbernanke moneysupply M3 M2 interestratehttps://pinboard.in/u:asterisk2a/b:f4d7d2b56bec/The Greek people are being punished for Europe's errors - Telegraph2010-04-12T21:31:38+00:00
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/7578938/The-Greek-people-are-being-punished-for-Europes-errors.html
asterisk2aECB fed bubble M3 monetary policy greece bailout EMU europe germany history euro 2010 politics angelamerkelhttps://pinboard.in/u:asterisk2a/b:4f1edcae0177/The Delicate Art of Unauthorized Innovation - Michael Schrage - Harvard Business Review2010-04-08T22:24:33+00:00
http://blogs.hbr.org/schrage/2010/03/the-delicate-art-of-unauthoriz.html
asterisk2ainternal innovation entrepreneurship culture management business creativity Google Amazon M3 HPhttps://pinboard.in/u:asterisk2a/b:bbdda4c7e1f9/Chandler: Policy makers are repeating the mistakes of the 1930s - Credit Writedowns2010-02-05T19:36:35+00:00
http://www.creditwritedowns.com/2010/02/chandler-policy-makers-are-repeating-the-mistakes-of-the-1930s.html
asterisk2aGreatRecession 2010 M3 usa europe recession recovery comment opinion GreatDepression history lesson sovereign debt Greece credit demand keynes Spain Portugal Italy Ireland France Keynesianismhttps://pinboard.in/u:asterisk2a/b:9ef4da37eb91/