The Puny Fiscal Effects of European QE
Lots of people think the euro area’s central banks will be handing back all the interest payments they receive on […]
Central Banks, Euro Crisis
QE
Central Banks, Euro Crisis
How Does QE Work? A Picture Worth a Thousand Words
With QE purchases starting a few days ago, some thoughts on how QE works with a nice graph to explain.
Central Banks, Euro Crisis
Can QE Be Bad For Taxpayers?
Some new thoughts on the “can you make losses printing money” theme, this time with a Hans-Werner Sinn angle.
Banking, Central Banks, Euro Crisis
An ECB QEsplainer
My thoughts on the ECB’s QE announcement. Perhaps a bit long, perhaps a bit disorganised ….
Central Banks, Euro Crisis
The ECB and Non-Standard Policies: Too Little Too Late?
The latest round of briefing papers for the Economic and Monetary Affairs committee’s monetary dialogue can be found here. Click