Money matters? Perspectives on Monetary Policy
A blog by Francesco Papadia, providing a personal perspective on monetary policy developments drawing from an experience of 40 years in critical positions in central banking.Recent Posts
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Secular Stagnation vs. debt Super-cycle: which one is right ?
Abstract: Advanced economies, the €-area in particular, are struggling with mediocre growth and too low inflation, notwithstanding valiant...
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Pondered reflections on the Jackson Hole Symposium.
The Jackson Hole symposium, organized by the Kansas City Federal Reserve, took place between the 25th and the...
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Wealth redistributions: what inflation did in the 1970s, the interest rate is (mostly) doing now.
The redistributions of wealth on debtor and creditor positions caused by changes in interest rates and inflation are...
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Where to place Cameron`s and Johnson`s (and Corbyn`s) recent actions in Carlo M. Cipolla`s behavioural chart?
Carlo M. Cipolla was a famous economic historian, mostly teaching in American Universities. Beyond the academic circles, he...
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Some thoughts about Brexit.
My bottom line on Brexit is the following: I hold a cautious expectation that the people of the...
