Money creation in the modern economy
Click here to read my summary of an article by Michael McLeay, Amar Radia and Ryland Thomas of the Bank’s Monetary Analysis Directorate
Posts
Dollar Debt in FX Swaps and forwards: huge, missing and growing
Click here to read the summarized BIS paper titled " Dollar Debt in FX Swaps and forwards: huge, missing and growing ".
The fundamental issue in India - my perspective
The historical world was of authoritarian nature - ruled by monarchs. I won't say that this philosophy was a failure, given it stayed for several hundred years if not a thousand. Indeed there had been dynasties that lasted merely a decade but at the same time, some dynasties lasted several generations. I believe it is worth pondering as to what was the reason behind such long survival of such authoritarian regimes. Their secret, I believe, is the rule of law.
Quick Resolution: Blue Screen Error - Sign-On Initialization
Recently, my windows updated; however, somehow the update led to a windows sign-on initialization blue screen error and I could not boot my device. It was possible because the update had corrupted the windows file.
Learnings from JP's speech at Brookings Institute on Economic Outlook
FED chair Powell spoke at the Brookings Institute on economic output on 30 Nov 22'. Here are some crucial points from his speech for us, the emerging economists, to understand and improve our economic comprehension: