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← Since the Global Financial Crisis, unconventional monetary policy has…
13 connected korrents · 11 moments on record from 5 Sept 2010 to 10 Sept 2026.
Everything filed under interest rates
interest rates
Everything filed under inflation
inflation
Everything filed under public debt
public debt
Everything filed under economists
economists
Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject
Read this korrent: Since the Global Financial Crisis, unconventional monetary policy has become the dominant force driving asset prices, more than fundamentals.
Since the Global Financial Crisis, unconventional monetary policy has become the dominant force driving asset prices, more than fundamentals.
Last stated 2 years ago
24 Sept 2024
LA
Lyn Alden — holds since 2024-09-24 — tap for who they are
Same subject: The simplest explanation for rising long-term interest rates is a surge in demand for funds from the AI boom. — tap to centre the map on it
The simplest explanation for rising long-term interest rates is a surge in demand for funds from the AI boom.
Last stated 2 weeks ago
10 Sept 2026
PK
Paul Krugman — holds since 2026-09-10 — tap for who they are
Same subject: The price level behaves as the aggregate of mostly backward-looking decisions rather than as an asset price, except during hyperinflation, so expected future primary balances barely affect it today. — tap to centre the map on it
The price level behaves as the aggregate of mostly backward-looking decisions rather than as an asset price, except during hyperinflation, so expected future primary balances barely affect it today.
Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A new monetary network with its own unit can only bootstrap from zero to mass adoption through a period of upward price volatility. — tap to centre the map on it
A new monetary network with its own unit can only bootstrap from zero to mass adoption through a period of upward price volatility.
Last stated a year ago
6 Jul 2025
LA
Lyn Alden — holds since 2025-07-06 — tap for who they are
Same subject: Milton Friedman's best-known policy prescription, targeting the money supply, is no longer regarded as correct. — tap to centre the map on it
Milton Friedman's best-known policy prescription, targeting the money supply, is no longer regarded as correct.
Last stated 3 years ago
1 Oct 2023
TC
Tyler Cowen — holds since 2023-10-01 — tap for who they are
Same subject: A company's staff-engineer bar should be set against the best companies in the industry rather than against its own history, which is what makes title inflation a real cost. — tap to centre the map on it
A company's staff-engineer bar should be set against the best companies in the industry rather than against its own history, which is what makes title inflation a real cost.
Last stated 6 months ago
1 Apr 2026
TP
Thuan Pham — holds since 2026-04-01 — tap for who they are
Same subject: An economy on a fixed, unprintable base money supply can sustain rapid long-run growth with zero cumulative price inflation. — tap to centre the map on it
An economy on a fixed, unprintable base money supply can sustain rapid long-run growth with zero cumulative price inflation.
Last stated 6 months ago
11 Mar 2026
LA
Lyn Alden — holds since 2026-03-11 — tap for who they are
Same subject: Cash welfare benefits contributed at least somewhat to the inflation of 2021-2022. — tap to centre the map on it
Cash welfare benefits contributed at least somewhat to the inflation of 2021-2022.
Last stated 4 years ago
25 Jul 2022
NS
Noah Smith — holds since 2022-07-25 — tap for who they are
Same subject: A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. — tap to centre the map on it
A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate.
Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: Aggressive quantitative easing should raise long-term interest rates, because effective monetary stimulus raises them. — tap to centre the map on it
Aggressive quantitative easing should raise long-term interest rates, because effective monetary stimulus raises them.
Last stated 16 years ago
6 Sept 2010
SS
Scott Sumner — holds since 2010-09-05 — tap for who they are
SS
Scott Sumner — no longer holds since 2010-09-06 — tap for who they are
Same subject: Canceling government bonds held by a central bank creates no fiscal space, because the reduction in government interest payments is exactly offset by an equal reduction in the profits the central bank remits to the government. — tap to centre the map on it
Canceling government bonds held by a central bank creates no fiscal space, because the reduction in government interest payments is exactly offset by an equal reduction in the profits the central bank remits to the government.
Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement. — tap to centre the map on it
A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement.
Last stated a month ago
21 Aug 2026
RD
Ray Dalio — holds since 2026-08-21 — tap for who they are
Same subject: Assessing whether government debt is sustainable is as much an art as a science. — tap to centre the map on it
Assessing whether government debt is sustainable is as much an art as a science.
Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: During post-2008 fiscal consolidation, the costs of high public debt were overestimated and fiscal multipliers were underestimated, understating the output costs of austerity. — tap to centre the map on it
During post-2008 fiscal consolidation, the costs of high public debt were overestimated and fiscal multipliers were underestimated, understating the output costs of austerity.
Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
same subject or similar wording a cloud: claims about one subject, named for it bar: when it was last stated, on a scale from 2010 to today (stretched back to the oldest claim here) — full is today a face: someone on record holding the claim — tap it for who they are faded, dashed ring: they no longer hold it — they changed their mind
At the centre
Since the Global Financial Crisis, unconventional monetary policy has become the dominant force driving asset prices, more than fundamentals.
Last stated 24 Sept 2024 · 2 years ago
Holds Lyn Alden
Read this korrent →
Similar wording
The simplest explanation for rising long-term interest rates is a surge in demand for funds from the AI boom.
Last stated 10 Sept 2026 · 2 weeks ago
Holds Paul Krugman
Similar wording
The price level behaves as the aggregate of mostly backward-looking decisions rather than as an asset price, except during hyperinflation, so expected future primary balances barely affect it today.
Last stated 1 Jun 2022 · 4 years ago
Holds Olivier Blanchard
Similar wording
A new monetary network with its own unit can only bootstrap from zero to mass adoption through a period of upward price volatility.
Last stated 6 Jul 2025 · a year ago
Holds Lyn Alden
Similar wording
Milton Friedman's best-known policy prescription, targeting the money supply, is no longer regarded as correct.
Last stated 1 Oct 2023 · 3 years ago
Holds Tyler Cowen
Same subject: inflation
A company's staff-engineer bar should be set against the best companies in the industry rather than against its own history, which is what makes title inflation a real cost.
Last stated 1 Apr 2026 · 6 months ago
Holds Thuan Pham
Same subject: inflation
An economy on a fixed, unprintable base money supply can sustain rapid long-run growth with zero cumulative price inflation.
Last stated 11 Mar 2026 · 6 months ago
Holds Lyn Alden
Same subject: inflation
Cash welfare benefits contributed at least somewhat to the inflation of 2021-2022.
Last stated 25 Jul 2022 · 4 years ago
Holds Noah Smith
Same subject: quantitative easing
A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate.
Last stated 1 Jun 2022 · 4 years ago
Holds Olivier Blanchard
Same subject: quantitative easing
Aggressive quantitative easing should raise long-term interest rates, because effective monetary stimulus raises them.
Last stated 6 Sept 2010 · 16 years ago
No longer holds Scott Sumner
Same subject: quantitative easing
Canceling government bonds held by a central bank creates no fiscal space, because the reduction in government interest payments is exactly offset by an equal reduction in the profits the central bank remits to the government.
Last stated 1 Jun 2022 · 4 years ago
Holds Olivier Blanchard
Same subject: public debt
A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement.
Last stated 21 Aug 2026 · a month ago
Holds Ray Dalio
Same subject: public debt
Assessing whether government debt is sustainable is as much an art as a science.
Last stated 1 Jun 2022 · 4 years ago
Holds Olivier Blanchard
Same subject: public debt
During post-2008 fiscal consolidation, the costs of high public debt were overestimated and fiscal multipliers were underestimated, understating the output costs of austerity.
Last stated 1 Jun 2022 · 4 years ago
Holds Olivier Blanchard