Given recent events, I felt it was finally time to come back and publish this piece. Most of my writing was going to be devoted to piercing the ideology of central bank independence so that the Federal Reserve would be treated like an independent administrative agency like any other.
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Before Silicon Valley Bank failed last week, I was considering writing a post examining the Federal Reserve’s policy framework in the context of the last sixty years of monetary policy’s history.
Subscribe [https://www.crisesnotes.com/#/portal/signup]Last Wednesday the Biden
Administration announced a number of changes to how student debt would be
treated by the Federal Government. They all were important, but
Subscribe [https://www.crisesnotes.com/#/portal/signup]I don’t spend a lot of
time writing about Modern Monetary Theory on Notes on the Crises. Regular
readers will know that insights from MMT
Something I have periodically kept my eye on over the course of the pandemic has
been the results of the New York Federal Reserve’s Housing Survey.
[https://www.newyorkfed.org/microeconomics/sce/