In the 9th episode of my video blog we discuss:
- The implications of a “phase one” trade deal between the United States and China.
- What is a wealth tax and what are the challenges behind it?
All posts by Daniel Lacalle
Quantitative Easing Or Direct Monetization Of Spending?
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?
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?