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Higher for Longer & the Economic House of Cards
Higher interest rates might mean lower government spending, is that a threat to the economy?

Karl Johansson
6 nov. 20233 min läsning
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Disinflation?
Disinflation? More like disappointment.

Karl Johansson
25 juli 20223 min läsning
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The Fed's Failure
The Fed has failed to keep inflation low it might need to reinvent itself to avoid becoming the target of establishment-bashing populists.

Karl Johansson
2 maj 20225 min läsning
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Transitory: The Case For New Monetary Policy
The recent increase in inflation presents a challenge for central banks, but most of all an opportunity.

Karl Johansson
27 sep. 20216 min läsning
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The Choice
Volcker ended the stagflation of the 1970's in America through bold monetary policy, it's time we end the stagflation of the 2010's.

Karl Johansson
2 aug. 20203 min läsning
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Are 'stock runs' the new bank runs?
Have the Fed's asset purchasing programmes changed the way people save, and thereby made market drops like the one in Q1 2020 more likely?

Karl Johansson
5 juli 20203 min läsning
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Hertz "Initial Bankruptcy Offering" Explained
Hertz is offering bankrupt shares and people seem to want to buy, why?

Karl Johansson
14 juni 20205 min läsning
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Why Interest Rates Won't Go Back up
The developed world borrows a lot for fiscal stimulus programmes at the moment, here's why that makes sure interest rates will stay low.

Karl Johansson
24 maj 20204 min läsning
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Public Debt and the Stock Market
Covid-19 will be terrible for the economy, but it might just be terrific for the stock market, here's why.

Karl Johansson
17 maj 20203 min läsning
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Germany VS ECB
The German Constitutional Court has made a ruling questioning the ECB, here's why that's important.

Karl Johansson
10 maj 20204 min läsning
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Is The Phillips Curve Relevant in the 2020's?
Is the Phillips curve still relevant at 62? Traders seem to think it’s not but there might be more to it.

Karl Johansson
9 feb. 20203 min läsning
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Housing & Financial Stability: A Case Study in Suboptimal Policy
Swedish housing policy is a case study in how to increase inequality

Karl Johansson
12 jan. 20203 min läsning
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Predictions for 2020
Last year's terrible track record won't stop me from making more gloomy predictions. Here's what's going to happen in 2020.

Karl Johansson
5 jan. 20204 min läsning
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Diminishing Deposits in Denmark: Commercial Negative Interest Rates
As you might have heard, in August Denmark’s third largest bank Jyske started offering negative interest rates on mortgages, and both...

Karl Johansson
15 sep. 20193 min läsning
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Calm Before The Storm?
It seems likely that the global economy is heading towards a recession given recent GDP figures and negative interest rates. Couple that...

Karl Johansson
18 aug. 20192 min läsning
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Mis-Priced: How QE Leads to Misallocation of Resources
In Japan, the 90’s and the 00’s are known as lost decades as the Japanese economy experienced economic stagnation after a large financial...

Karl Johansson
28 juli 20193 min läsning
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Where Is The Inflation?
Since the Great Recession many economies have struggled to meet their inflation targets despite massive asset purchasing programmes by...

Karl Johansson
5 maj 20193 min läsning
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I Told You So: Is post-Great Recession Economics a Band-Aid on a Bullet Wound?
It’s hardly a secret that I’m critical of current monetary policy and large-scale asset purchasing programmes. As I’ve discussed before...

Karl Johansson
3 mars 20192 min läsning
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An Analysis of the Aggregate Effects of QE and Near Zero Interest Rates
One of my most common topics to write about on the blog has been Quantitative Easing (QE), both because I find it very interesting and...

Karl Johansson
27 feb. 20193 min läsning
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An Analysis of the Political Economy of Inequality
Inequality is growing across the West and it has been since at least 2008. Why is this happening, how does it affect society and what can...

Karl Johansson
10 feb. 20193 min läsning
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