.@B_Eichengreen “currency wars” another name for “coordinated global monetary reflation”?
-
-
-
.
@delong But how "coordinated" is it? Isn't there a risk that without coordination it morphs into "war.?"@B_Eichengreen@AlenMattich -
@mikejcasey@delong@B_Eichengreen@AlenMattich As in "my inflation is bigger than yours"?!
End of conversation
New conversation -
-
-
@B_Eichengreen Not sure QE precisely the medicine, given it's like pouring petrol on the bonnet, 'cos there's an engine in there somewhere. -
@B_Eichengreen A part of the medicine, perhaps, but as we have seen, no panacea.#QE
End of conversation
New conversation -
-
-
@B_Eichengreen@davidmwessel .... The former is positive sum and the latter zero sum.Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
@B_Eichengreen@davidmwessel Almost. It leaves out the distinction between monetary expansion and sterilized intervention....Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.