Macro Musings with David Beckworth cover image

27 - Claudio Borio on Financial Stability, the Triffin Dilemma, and International Monetary Policy

Macro Musings with David Beckworth

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What Do You Think About Unconventional Monetary Policy?

The trick is to look very closely at the sources of falling prices before celebrating a policy response. So embrace the good deflation to day, or face the bad deflation to morrowmylether is a trader. All you have to do is to watch out of the window and hear what self finantial market participants are responding to these policies. It is money.

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