Jon Sindreu on Global Financial Flows and the Balance of Trade
Macro Musings with David Beckworth
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What Drives Interest Rates?
German: What drives interest rates? The classical view pre canes is this, on what you call lunable funds. On the other hand, quidity preference theory says central banks are setting these rates in markets. German: There's a certain tension with views and i hold this reconciliation. But i've been troubled by some of the policy implications of this proponente of this view.
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