In this short video we discuss:
- Is it true that there is no inflation?
- Is it better to do quantitative easing or central bank financing of government spending?
- What are the consequences of aggressive monetary policies?
All posts by Daniel Lacalle
Lessons From Japan’s Monetary Experiment
A recent article in the Financial Times, “Abenomics provides a lesson for the rich world“, mentioned that the experiment started by prime minister Shinzo Abe in the early 2010s should serve as an important warning for rich countries. Unfortunately, the article’s “lessons” were rather disappointing. These were mainly that the central bank can do a lot more than the ECB and the Fed are doing, and that Japan is not doing so badly. I disagree.
Continue reading Lessons From Japan’s Monetary ExperimentIs The Reflation Trade Back?
We reach the end of the year and we start to read many investment banks and strategist reports with the outlook for 2020.
Continue reading Is The Reflation Trade Back?Latin America’s Debt Maturity Wall
In this short video, we explain the risks to Latin American currencies in countries facing a shortage of reserves in the middle of an important wall of US dollar-denominated maturities.