Brian Romanchuk's commentary and books on bond market economics.
Latest - Abolish Money!
SFC & MMT
Wednesday, June 21, 2017
The Bond Market Is Discounting an Eventual Recession
The flattening of the yield curve has attracted some commentary, but it appears to be telling us very little. By itself, the 2-/10-ye...
Sunday, June 18, 2017
I have been tied up with various non-writing projects (as well as being hit by some kind of virus this week), so I will be now dropping to...
Wednesday, June 14, 2017
Let's Talk About Debt, Baby
Gerard MacDonell wrote " The debt debate is relevant now " a couple of weeks ago. In it, he argues that debt sustainability in t...
Sunday, June 11, 2017
Quick Comments On Ongoing Projects
This article gives a few comments on some projects that I am involved in. They are the upcoming Modern Monetary Theory (MMT) academic conf...
Wednesday, June 7, 2017
The Relationship Between sfc_models And Godley And Lavoie
The text Monetary Economics: An Integrated Approach to Credit, Money, Income, Production and Wealth , by Wynne Godley and Marc Lavoie is c...
Sunday, June 4, 2017
Primer: Funding Versus Credit Risk
The act of lending involves two fundamental operations: extending financing (funding) ans taking credit risk. These two roles are typicall...
Wednesday, May 31, 2017
The Horrifying Mathematics Of Infinitesimal Agents
Highly recommended for Lovecraft fans. (Cover is link to Amazon.com.) Three men were swept up by the flabby claws before anybody tur...
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