by Andreas Hoffmann A growing number of economists suggest that governments in highly indebted countries should consider liquidating debt via financial repression. In other words, they want governments to intervene in financial markets and push government borrowing costs below the rate of inflation to erode the real value of debt. In a previous post, I … Continue reading Are we all Debt Liquidationists now? … No!
by Jerry O’Driscoll My summer reading actually began in the spring and included a number of books written on the financial crisis that I was asked to review by various publications. My reviews will appear in fall issues. I can report that a number of the books written for the general public are quite good. … Continue reading Summer Reading