Marek Belka suggests dual currency solution for Greece
In today’s edition of Financial Times Deutschland Polish central bank governor and former Director of IMF’s Europe department Marek Belka calls for Greece to introduce a dual currency system (See...
View ArticleUnfocused vacation musings on money – part 1
It is vacation time for the Christensen family. We are in the Christensen vacation home in Skåne (Southern Sweden) and my blogging might reflect that. There are really a lot of things going on the in...
View ArticleBelka-gate – the Polish version of the Sumner Critique?
A key Market Monetarist insight (it is New Keynesian insight as well…) is that budget multiplier is zero if the central bank says it is so. Or rather it the central bank targets inflation, the price...
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