Brian Romanchuk's commentary and books on bond market economics.
New MMT Book
Monday, January 30, 2023
Core Inflation Woes
Alex Williams recently wrote “ What Is ‘Core PCE Services Ex-Housing’ Anyway?, ” which dissects the measure that the Fed is using to get a h...
Tuesday, January 24, 2023
MMT And Banking
Since I am in the Modern Monetary Theory (MMT) camp, I cannot write a book on baking without covering some of the critiques of MMT and banki...
Friday, January 20, 2023
The Return Of The Debt Ceiling (Again)
The debt ceiling is being used a negotiating tool in American politics yet again. My concern with American politics is that most things seem...
Wednesday, January 18, 2023
Old Heterodox Banking Debates
Banking and money is an area of ancient debates between post-Keynesians (and their fore-runners) and mainstream economists. Many of these sh...
Friday, January 13, 2023
Basis Point Usage
There has been a strange debate on Twitter about the usage of the term “basis points.” The argument is that it is deliberately obscure jargo...
Thursday, January 12, 2023
The latest CPI report for the United States suggests that the inflation spike after 2020 was transitory in the rather weak sense that I unde...
Monday, January 9, 2023
The Difficulty Of Modelling Banking
Banking is an ongoing area of controversy in popular discussion of economics and finance. What sets it apart from other areas of economic co...
View web version