Parallel Currencies: More Poison than PanaceaThis post was written more than six years ago, just before the French Presidential elections of 2017, but it was never published. Still…May 17, 2023May 17, 2023
The burden of proof lies with the proof of the burdenAt his semi-annual congressional testimony in early March, Fed Chair Jay Powell was asked by Ohio Senator J.D. Vance (J.D.) if the role of…Apr 5, 20231Apr 5, 20231
Savers? What are we? Germans?“What about the savers?” a plaintive cry goes out every time the Fed lowers interest rates or reassures anxious markets that rates will…Sep 30, 2021Sep 30, 2021
America’s Back, But Missing From Its Backyard“America’s back,” Joe Biden said recently at his first G7 meeting, seeking to reassure allies and to recruit them as partners in the US…Aug 11, 2021Aug 11, 2021
How I learned to stop worrying and (mostly)love the Euro.This piece goes over many things I’ve said before in other places, tweets or threads, but I thought it worth doing for a couple of reasons…May 22, 2021May 22, 2021
Highway to the Target ZoneOr The Case for International Currency CooperationMar 25, 20211Mar 25, 20211
The Market Dollar & The IMFS DollarWith a lot of recent talk about the USD system, and seeming interconnections between US current account deficits, the world’s demand for…Sep 16, 2020Sep 16, 2020
Is the US Ripe for Devolution?Longtime followers of my Twitter career and my blog are undoubtedly familiar with my calls for greater devolution in the US,. See here…Aug 10, 2020Aug 10, 2020