Eric Lonergan

@ericlonners

Edge against the machine: sample-of-one. Blog: Book: Interview:

author, macro HF, my views
foreignaffairs.com/articles/unite…
Joined April 2012
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  1. Pinned Tweet
    6 Feb 2015

    How would you design a central bank if you had a blank sheet of paper?

    17 replies 25 retweets 71 likes
  2. Retweeted
    Oct 4

    Raising rates - a stimulus?

    2 replies 2 retweets 8 likes
  3. Oct 4

    The ECB could introduce a without any change to its mandate.

    6 replies 14 retweets 23 likes
  4. Retweeted
    Oct 4
    Replying to and

    Interestingly, a perpetual TLTRO with a negative interest rate is a basic income!

    3 replies 1 retweet 1 like
  5. Oct 4

    Have re-considered my views on negative interest rate arguments after hearing him this week.

    1 reply 1 retweet 5 likes
  6. Oct 4

    Raising rates - a stimulus?

    2 replies 2 retweets 8 likes
  7. Retweeted
    Oct 4

    Bitcoin is more fiat than 'fiat money'.

    1 reply 5 retweets 11 likes
  8. Retweeted
    Oct 3
    Replying to and

    Yes of course as my own work has done this for currency boards, EMU countries, etc

    3 replies 1 retweet 2 likes
  9. Oct 3

    Cash transfers work ... far less risky than other heli drops, such as QE, TLTROs, negative rates. h/t

    5 retweets 11 likes
  10. Retweeted
    Oct 2

    Live now with in the panel to talk about new monetary policy instruments.

    LIVE | : Europe and Japan: Monetary policies in the age of uncertainty Livestreaming >>
    4 retweets 3 likes
  11. Sep 30

    Helicopter money for banks unsurprisingly popular. Confirmation TLTRO is real CB bazooka.

    1 reply 8 retweets 12 likes
  12. Retweeted
    Sep 29

    Citi's Willem Buiter is sticking the boot into CBs. "The conduct of MP has been at best moderately competent". Where's the popcorn?

    4 replies 9 retweets 14 likes
  13. Retweeted
    Sep 29

    Lagarde just raised idea of smart money. Reader of your blog?

    1 retweet 2 likes
  14. Sep 29

    The new economics curriculum: check everything you are taught on google scholar and read the counter-arguments.

    1 reply 10 likes
  15. Retweeted
    Sep 28
    Replying to

    2. a problem. An opportunity to raise demand and output, so everyone can have higher incomes, before rising inflation calls a halt. /end

    7 replies 4 retweets 7 likes
  16. Retweeted
    Sep 28

    1. I have seen 2 or 3 articles describe how central bankers find low wage rises a problem. A puzzle maybe, but they are an opportunity, not

    1 reply 6 retweets 12 likes
  17. Retweeted
    Sep 28

    What is an interest rate?

    17 replies 7 retweets 28 likes
  18. Sep 28

    Methodological flaw in economics: using same words to describe distinct phenomena.

    5 replies 6 likes
  19. Retweeted
    Sep 28
    Replying to

    False definitions block explanations and understand — see Ernst Mayr on biology.

    1 reply 1 retweet 2 likes
  20. Retweeted
    Sep 28
    Replying to and

    2/2 that uses base money (its quantity or price) to affect aggregate demand. Fisc-mon coordination coordinates budgetary&base money dec'ns.

    5 replies 2 retweets 3 likes
  21. Retweeted
    Sep 28
    Replying to and

    Happy to oblige. Fiscal policy is any policy that uses the government budget to affect aggregate demand. Monetary policy is any policy 1/2

    1 reply 2 retweets 2 likes

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