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The Macro Bifurcation
Macroeconomic theorists and policy makers have taken different routes in recent years.
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Don’t Call It a Comeback
Is the macroeconomics profession taking an Austrian turn in the wake of the Great Recession?
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Uncle Sam Trembles at a Chinese Whisper
With a mere whisper about reconsidering their investments in US Treasury bonds, Beijing rattled Wall Street and — if ever so briefly — raised our interest rates.
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Empire State Manufacturing-Sector Expectations Remain Strong
The Empire State Manufacturing Survey results tilt to the favorable side but raise enough concerns to warrant close monitoring of data related to the New York regional economy and the manufacturing sector nationwide.
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Bitcoin Should Be Welcomed as More Robust Than Fiat, Says Fed-backed Research
My theory: the paper is written for bankers and policy makers of an older generation who have heretofore ignored or dismissed crypto-based innovations. They might know something about money and banking. But they know next to nothing about computer science, digital resources, and cryptography. As a result, the paper speaks in the plainest-possible English about these technical topics. It then turns to debunking the most common myths about crypto.
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What Would a Dotcom-Style Crash Look Like in the Cryptocurrency Space?
The bursting of bubbles can make insutries stronger.
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