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Sunday, October 11, 2015

11/10/15: Of Central Banks and Spoons in the Arctic

Much has been said recently about the need for normalisation in the policy rates environment (in plain English - the need to hike interest rates off zero bound) and much has been inked about the feasibility of such normalisation. So the latest G30 intervention on the subject is both banal and late in timing.

But, as posted by @Schuldensuehner a few minutes ago on twitter: Which is basically telling us two things:

Posted by Constantin Gurdgiev at 8:41 AM Labels: Central Banks, Central Banks balance sheets, interest rates normalisation, Monetary policy, QE A must-read

When economics inspires artists - a must see (here)

A fascinating article on mathematics of artistic beauty (here) My Favorite Links Constantin Gurdgiev
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