bryan cutsinger
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Financial
Is The Fed Manipulating the Market?
"We cannot just look at the Fed’s target rate to determine whether it is manipulating the market. We must consider…
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Financial
What’s the Harm in Raising the Inflation Target?
"In addition to increasing workers' real tax burden, raising the inflation target reduces workers' real wages by reducing the demand…
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Financial
Does Greedflation Fit the Facts?
"While an increase in market power would certainly affect real income growth, the magnitude necessary to explain inflation is implausibly…
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Financial
Waller Offers Common Sense View on Financial Risks of Climate Change
"Climate-related innovation does not seem to pose a unique risk to the financial system. And lenders have a long history…
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Financial
Can the Fed Continue to Fight Inflation without Risking a Financial Crisis?
"In principle, the Fed has the ability to provide liquidity to the banking system while simultaneously reducing the incentives banks…
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Financial
Don’t Expand Deposit Insurance. Abolish It!
"Deposit insurance creates perverse incentives that weaken market discipline and encourage excessive risk-taking. Expanding deposit insurance will only make these…
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Financial
Understanding Inflationary Finance
"Providing revenue to the state is one of the reasons (and, perhaps the primary reason) governments worldwide monopolize the issuance…
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Financial
The Tragedy of the Monetary Commons
"While relatively well-functioning governments have managed to find mechanisms that mitigate the problem, it seems unlikely that Argentina and Brazil…
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