Attention Economy


Friday, August 23, 2019

In Search of a New Global Monetary Order

We are finally experiencing the inevitable chaos arising from the election of incompetent and buffoonish populists to power in recent years. The world is clearly unprepared to deal with the resultant economic consequences.
It is time to think about the post-2020 world order. An important first step in that direction was provided  by the Canadian-born Governor of the Bank of England, Mark Carney:
The Growing Challenges for Monetary Policy in the current International Monetary and Financial System
https://www.bankofengland.co.uk/-/media/boe/files/speech/2019/the-growing-challenges-for-monetary-policy-speech-by-mark-carney.pdf

The world’s monetary system is breaking down
https://www.economist.com/finance-and-economics/2019/08/13/what-comes-after-bretton-woods-ii

Trump’s Currency War Smacks of the 1930s
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