Regain price stability is difficult but doable; the bigger problem facing central banks is economic uncertainty
Recent Items
Monday, June 30, 2025
Central Banks: Uncertainty Is the Problem, Not Managing the Trilemma
Topics: Banking industry, Europe
Posted by Lambert Strether at 6:50 am | 14 Comments »
Links 5/20/2023
Topics: Links
Posted by Yves Smith at 6:55 am | 226 Comments »
Are US Prescription Drug Prices 10 Times Those of Other Nations? Only Sometimes
Misleading fact checking as a way to denigrate figures who regularly challenge the mainstream, here Bernie Sanders.
Topics: Free markets and their discontents, Guest Post, Health care, Income disparity, Media watch, Politics, Regulations and regulators
Posted by Yves Smith at 4:32 am | 17 Comments »
Could a Far-Right vs Centre-Left Showdown Be the Future of British Politics?
Amid global pressures, a centrist Labour government could face a far-right opposition, with no true reformists in sight
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Environment, Free markets and their discontents, Global warming, Guest Post, Income disparity, Politics, Social policy, Social values, UK
Posted by Yves Smith at 3:59 am | 55 Comments »
2:00PM Water Cooler 5/19/2023
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 109 Comments »
Senators Ramp Up 14th Amendment Pressure on Biden to Counter GOP Debt Ceiling Brinksmanship
Although the GOP created the debt ceiling, Democrats are culpable for neither challenging its Constitutionality nor using the platinum coin.
Topics: Doomsday scenarios, Economic fundamentals, Guest Post, Macroeconomic policy, Politics
Posted by Yves Smith at 9:55 am | 52 Comments »
Links 5/19/2023
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 191 Comments »
EU Adopts “Pragmatic Approach” To Sharing Its Citizens’ Most Precious Data With US Department of Homeland Security
“The EU’s own top court has ruled on multiple occasions that the USA does not offer adequate privacy protections for non-citizens, yet the Commission and the member states are planning to open up their biometric databases to the [DHS].”
Topics: Guest Post
Posted by Nick Corbishley at 6:49 am | 8 Comments »
‘Adversarial Actors, Home and Abroad’
Which non-foreign adversarial types do elites have in mind when they promote domestic censorship and news blockades?
Topics: Guest Post, Media watch, Politics, Surveillance state
Posted by Yves Smith at 2:05 am | 21 Comments »
‘Market Fundamentalism’ Is an Obstacle to Progress
Why market cheerleaders are bad for you.
Topics: Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Infrastructure, Market inefficiencies, Politics, Social policy, Social values, The destruction of the middle class, The dismal science
Posted by Yves Smith at 12:20 am | 20 Comments »
2:00PM Water Cooler 5/18/2023
~ Today’s Water Cooler: Open Thread ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 106 Comments »
CalPERS Chief Investment Officer Musicco and Son in NBA Playoffs Courtside Seats Next to Billionaire Warriors Owner and Kleiner Perking Partner Joe Lacob. What Gives?
Another case of a CalPERS executive, here Chief Investment Officer Nicole Musicco, making clear they think they are above California law
Topics: CalPERS, Legal, Politics, Private equity, Ridiculously obvious scams
Posted by Yves Smith at 10:45 am | 13 Comments »
Links 5/18/2023
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 141 Comments »
Deaths of Despair Now Significant Among the Young
The US cancer of deaths of despair has progressed from less educated middle aged whites to the young of all stripes.
Topics: Doomsday scenarios, Economic fundamentals, Free markets and their discontents, Global warming, Income disparity, Pandemic, Social policy, Social values
Posted by Yves Smith at 6:54 am | 54 Comments »
China and the Revenge of the Sanctioned
How US ham-handed use of force and misreadings of key players’ interests, allowed China to suddenly take a leadershp role in the Middle East
Topics: China, Economic fundamentals, Energy markets, Globalization, Guest Post, Infrastructure, Middle East, Politics
Posted by Yves Smith at 6:31 am | 10 Comments »