Ireland’s Promissory Note Deal
Ding dong the wicked bank is dead. Anglo Irish Bank is no more. Its successor, the Irish Bank Resolution Corporation is […]
Ireland’s Promissory Note Deal Read Post »
Central Banks
A Victory for Common Sense on Banking Union
A new post giving somewhat positive assessment of last night’s Eurogroup announcement on banking union.
A Victory for Common Sense on Banking Union Read Post »
Fed’s Brave Steps Contrast with ECB’s Inertia
Some thoughts on today’s FOMC announcement and the contrast it represents to the ECB’s approach to monetary policy.
Fed’s Brave Steps Contrast with ECB’s Inertia Read Post »
How Much Would Ireland Benefit from Replacing the Promissory Notes with a Long-Term Bond?
Lots of people I’ve spoken with about the dreaded Anglo promissory notes are mystified at why the Irish government seems
All You Wanted to Know About TARGET2 But Were Afraid to Ask
I’ve written a new paper on TARGET2. This post introduces and links to the paper.
All You Wanted to Know About TARGET2 But Were Afraid to Ask Read Post »
Two Posts on Banking Union
There have been a lot of debates in recent weeks about how the Euro area’s banking union should work in
Two Posts on Banking Union Read Post »
After Mrs. Merkel’s Irish Jig, Are Ireland’s Problems Solved?
I’ve been very busy lately so I haven’t had much time for blogging. Here is a belated assessment of where
After Mrs. Merkel’s Irish Jig, Are Ireland’s Problems Solved? Read Post »
Draghi Making a Big Mistake on Greek Bonds
After supposedly clarifying their position on equal treatment in relation to their bond purchases, Mario Draghi’s comments on the ECB’s
Draghi Making a Big Mistake on Greek Bonds Read Post »
Trichet Tells CNN: Don’t Publish the ECB’s Secret Letter
The heat seems to increasing on the ECB to release the secret letter to Ireland. In a rare public interview
Trichet Tells CNN: Don’t Publish the ECB’s Secret Letter Read Post »
Note to Republicans: The US Can’t Do a Gold Standard On Its Own
Outside my usual set of topics but apart from enthusiastic goldbug types, I hadn’t seen anyone else discuss the Republican
Note to Republicans: The US Can’t Do a Gold Standard On Its Own Read Post »