6 votes

Is the era of cheap money over?

Posted by HotPants
Tags: economics, interest rates, inflation, usa, opinion, author.paul krugman, source.the new york times, paywall
https://www.nytimes.com/2022/06/21/opinion/inflation-interest-rates-fed.html

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Published
Jun 21 2022
Word count
1254 words

1 comment

  1. HotPants
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    Is the Era of Cheap Money Over? No, according to Paul Krugman. There is an interesting but wonkish fed paper on the natural rate (r-star) lowering over time presumably due to "secular stagnation."...

    Is the Era of Cheap Money Over?

    No, according to Paul Krugman.

    There is an interesting but wonkish fed paper on the natural rate (r-star) lowering over time presumably due to "secular stagnation."

    The current natural rate has recently gone negative... which seems, ummm, not exactly natural? But I haven't seen any respected economists publish anything on this yet.

    Bored Ape NFT's to the moon here we come?

    1 vote