exorbitant privilege

This blog post accompanies the SDPB Monday Macro segment that airs on Monday, April 29, 2024. Click here to listen to the show, which begins at minute 21:30. For more macroeconomic analysis, follow J. M. Santos on Twitter @NSMEdirector. In the global financial system, the U.S. dollar enjoys an exorbitant privilege, or so say the […]

commercial interruption

This blog post accompanies the SDPB Monday Macro segment that airs on Tuesday, April 2, 2024. Click here to listen to the show. For more macroeconomic analysis, follow J. M. Santos on Twitter @NSMEdirector. In 1895 in response to rumors he was dead, Samuel Clemens—aka, Mark Twain—quipped, “The report of my death was an exaggeration.” […]

runoff

This blog post accompanies the SDPB Monday Macro segment that airs on Monday, February 5, 2024. Click here to listen to the segment, which begins at minute 12. For more macroeconomic analysis, follow J. M. Santos on Twitter @NSMEdirector. Last week was busy for macroeconomists, particularly those who listened very carefully. On Wednesday, everyone heard […]

resolutions

This blog post accompanies the SDPB Monday Macro segment that airs on Tuesday, January 2, 2024. Click here to listen to the segment. For more macroeconomic analysis, follow J. M. Santos on Twitter @NSMEdirector. In the September 19, 1966 issue of Newsweek, Nobel laureate American economist Paul Samuelson quipped, “Wall Street indexes predicted nine out […]