Last week, the Central Bank of Ireland published an important consultation paper. Despite the boring title (“Macro-prudential policy for residential […]
The Central Bank and the Irish Property Market Read Post »
Imagine you’re a smart young rich kid. You invent a money-printing machine. You use it to magic up money to
Can You Really Make Losses Printing Money? Read Post »
I seem to have annoyed someone with my post about the Central Bank’s bond sales, judging by this discussion of
Cantillon on Central Bank Bond Sales Read Post »
There is lots of good economic news coming out of Ireland these days. GDP is rising at an impressive rate,
In Ireland, Even Bad News is Good News: Bond Sale Edition Read Post »
I was in Brussels on Monday to present my latest briefing paper to the European Paliament’s Economic and Monetary Affairs
Draghi on Structural Reforms Read Post »
The latest round of briefing papers for the Economic and Monetary Affairs committee’s monetary dialogue can be found here. Click
The ECB and Non-Standard Policies: Too Little Too Late? Read Post »
The most important thing happening in the European economy over the next year is the ECB’s comprehensive assessment of large euro area
Europe’s Bank Assessment: A Worrying Preview From Ireland Read Post »
With the release of Trichet’s August 2011 letter to Spain, worth noting that his November 2010 letter to Brian Lenihan
The ECB’s Secret Letter To Ireland: Still Secret Read Post »
The various statements from Michael Noonan and ECB board member Jörg Asmussen raise some very serious questions for Mario Draghi about
Serious Questions For Draghi On The OMT Program Read Post »
I received a number of thoughtful comments on yesterday’s article on Bitcoin and wanted to follow up on a couple of important
So What’s So Special About Bitcoin? Read Post »