Discussing the function and malfunction of the global monetary order and its consequences on finance, economics, politics and society.
What FRONTLINE got SO wrong about the Fed
FRONTLINE, the US news magazine, is critiquing the Fed for showering banks and business with easy money, which reached neither the real economy nor the vast majority of Americans. Yes to the latter, no to the former.
Glowing Orange: Repo Market Collateral Rumble
Early-morning action in the repo market shows a musical chairs-like collateral scramble.
Interview: What is that Thing's Value Today?
How do we properly measure worth of commodities, wealth and projects from yesteryear?
Light at the End of the Tunnel
The US RRP and Chinese RRR are belching "choo, choo, choo!"
Economy burned and drowned? Check! Now how about that renewal? When is reflation going to get serious?
Reading Jeff Snider on the Fed's Not-Hot Dot-Plot
An underlying liquidity reading (RRP) glows orange. A warning.
Commendable & informative
Emil and Jeff are on this mission to underscore the opaque constituents of the global economic system, how it works, rather how it doesn’t work, the various biases which colour every participant in this system, and the primary data sources that one can use to alleviate those biases and manage to perceive what is happening around oneself in a neutral manner. I thank both for swimming against the tide and their stellar efforts. I would also like to thank Erik Townsend of Macro Voices for introducing Jeff and his body of work.
Didnt knew jeff had a podcast.
Jeff snider is the go to guy to learn about macro and events thereabouts. Bren listening and reading him since i first heard him in macrovoices. Good that he can say what he wants on his own.