Tags » Asset Price Bubbles

Economics inside the Matrix

                       “What is real? How do you define real?”

                                            – Morpheus, The Matrix

This week will be a quantum leap for Bengaluru , to which physicists from all over the world will gravitate. 712 more words

Articles On Economics

Could Leaning Against Asset Price Bubbles Exacerbate the Business Cycle?

In my last post I argued that using monetary policy to lean against asset price bubbles would only tend to hurt the real economy in the long-run if for some reason the central banks target is constructed in an asymmetric way, i.e. 840 more words


Leaning Against Bubbles Hurts the Economy - Except When it Doesn't

A lot has been written on the so-called lean vs. clean debate in monetary policy that tries to resolve whether central banks should actively try to counter asset price bubbles during their build or just make sure they do everything they can in order to clean up in the aftermath of these bubbles bursting. 759 more words


Singapore Banks Headache & The USDSGD

July 15 (Bloomberg) — Singapore’s June home sales rose for
a second month to the highest since a March record as Moody’s
Investors Service cut its outlook for the city’s banking system… 489 more words


Ad Hoc Commentary - Singapore still fighting the last war

In America, they are still fighting the Great Depression, thus the bias to stimulate. In Germany, they are still fighting hyperinflation, thus austerity.

In Singapore, they are still fighting the Asian Financial Crisis of the 1990s. 231 more words