Fiscal Policy Discussions Back

Fiscal policy discussions are dorsum inward fashion, as well as I may convey direct floating currency sovereign default direct a opportunity every bit the topic for my side yesteryear side mass (after the unloose of the breakeven inflation handbook).

I was out of committee alongside the influenza this week, as well as thus I actually did non proceed upward alongside the tidings flow. Influenza A virus subtype H5N1 lot was happening on the Fed outlook front, only I volition non last inward a position to comment until later. (This article is a chip of a placeholder condition report; I prefer non to missy my Dominicus article.)

A floating currency sovereign default direct a opportunity mass written yesteryear a MMT-er sounds similar an entry into the "really brusk book" joke list. (Text of book: "None!") However, a fixed income analyst needs to last paranoid (you aren't getting bailed out yesteryear growth), as well as thus it is necessary to dig into all the details. Political direct a opportunity remains, as well as thus nosotros postulate to intend what mightiness trigger that political risk. The mass would last to a greater extent than technical than my previous books (similar to the upcoming breakeven inflation book), although I intend all the primal points would last summarised as well as thus that casual readers volition selection upward about information earlier they give up.

The exclusively option is a collection of articles from my spider web log (following the model of Abolish Money!, only in all probability alongside less master copy content). I was going to produce such a mass on banking, only the sovereign direct a opportunity mass looks to a greater extent than interesting correct now.

My inflation breakeven mass was evidently laid dorsum yesteryear my flu; my revised target is to complete the start draft this week. It volition sit down for awhile (1-2 months) earlier the end editing pass.