In this short note, FRBSF economists say the Fed’s asset purchases were very useful.
They summarise their paper on the same topic:
Archive for February 3rd, 2011
How Fed’s Asset Purchases helped?
February 3, 2011RBI’s balance sheet declined when other central banks’ balance sheets surged…
February 3, 2011RBI Governor Subbarao in this speech explains how RBI balance sheet (B/S) was different from the other central banks in the crisis.
Charter cities starts with Honduras
February 3, 2011It was just a matter of time. With economists like Paul Romer at helm and massive appeal of the concept, charter cities was an idea just about to happen. In the blog, previous posts showed talks were on with some governments to launch the concept.
In a recent post Prof Romer says Honduras has passed amendments in its constitution to create charter cities:
State of global affairs
February 3, 2011A friend emailed me a superb insight. It explains the state of global affairs in just a few lines:
