Krugman, IMF och sedelpressar

The “safe asset shortage” meme has been gathering force lately, and is now the theme of a report from the IMF (pdf).

The idea is that low long-term interest rates for the United States, the UK, and basically every country with its own currency that doesn’t have large foreign-currency debts reflect the desperate search of investors for something safe to buy.

Paul Krugman,  New York Times 12 April 2012

BBC: Greece does not have its own central bank that print money

Om man har en sedelpress går man inte i konkurs, skrev jag på denna blog den 4 november.

Kommentarer

Populära inlägg i den här bloggen

Mervyn King

4 oktober. Vänsterpartiets kopplingar till terrorklassade islamistiska nätverk. Why Bowl Together When You Can Scroll Alone? Wall Street’s AI Party.

France: between the bond market and the barricades