economics
Imported tag from Readwise
economics
In 1933, it joined other railroads to form the International Container Bureau, an organization dedicated to making international container freight practical in Europe.
Marc Levinson • The Box: How the Shipping Container Made the World Smaller and the World Economy Bigger - Second Edition with a new chapter by the author
underlying imbalances that explained the sources of growth in the global economy,
Michael Pettis • The Great Rebalancing
we present a new type of monetary transmission, ‘Smart Helicopter Money’, to deliver monetary stimulus to innovators, SMEs and high-growth firms via both complementary currencies and a modified form of QE in order to achieve proportionally greater impact on the real economy.
Richard Simmons, Paolo Dini, Nigel Culkin • Crisis and the Role of Money in the Real and Financial EconomiesAn Innovative Approach to Monetary Stimulus
Henry Simons was the source of Minsky’s lifelong interest in finance, as well as the idea that the fundamental flaw of modern capitalism stemmed from its banking and financial structure. Minsky took the lesson that capitalism could be stable if, first, large-scale capital investment were owned and financed publically rather than privately and,
... See moreBoston University • Minsky’s Financial Instability Hypothesis and Modern Economics
The only times a factor like the size of the Fed’s balance sheet will be useful is when there is a change in rate of growth. As long as its growing (or shrinking) at a constant rate, it will be of no help to predict any future effect on the economy or asset prices, no matter what a simple overlay chart suggests.
Peter Farac • Tapering IS Quantitative Tightening
Private credit funds take some of their financing as equity, but they also borrow money. Some of this money is borrowed from banks. In 2013, only 1% of U.S. banks’ total loans to non-bank financial institutions was to private equity and private credit firms; today, it’s 14%. A recent note by Berrospide et al. of the Federal Reserve shows the rise
... See moreNoah Smith • Will Data Centers Crash the Economy?
When the WPI is going up but the CPI is not, it means that the inflation faced by wholesalers is rising, but they’re unable to pass that inflation on to end consumers, possibly because the demand for their goods is weak.
Ankita Pathak • The Macro Faire
According to the Fed’s most recent Z.1 Financial report for Third Quarter 2023, on 12/31/2022 U.S. balance sheets were contained $322 trillion in financial assets and $143 trillion in tangible assets . That makes total assets $452 trillion , about 18x the value of 2022’s $25 trillion GDP.
