Macro Musings with David Beckworth cover image

Jon Sindreu on Global Financial Flows and the Balance of Trade

Macro Musings with David Beckworth

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Loanable Funds Theory

Many of these people who are promoting this view would say they don't believe in the loanable funds theory, but in fact, they are implicitly supporting the lonable funds theory. I think that if you look at the and if youere a bit in touchd with like, the market, you would realize that so much of that has to do with what, you know, the traders and the fund managers expectit of the fet in the future. It was just not believable, right? That rates would go up a lot more in the future."

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