4 ms·
It would be well worth reading regular reports that come out of central banks, which do address what the article mentions. Some can be a bit estoric and there
by zhte415 5y ago
It would be well worth reading regular reports that come out of central banks, which do address what the article mentions. Some can be a bit estoric and there only if you really know what you're looking for stuff.
I'll take the UK for example, as I'm most familiar with that:
The Bank of England publish their Inflation Report [1] every quarter. There's quite a lot of interesting information in there. Credit conditions are mentioned in the linked article, which there's a specific report for, called Credit Conditions Survey [2]
Lots of people know what money is. Sort of. The article also mentions volumes of lending. This comes in monetary statistics too, but you have to dig for it. [3], from the URL the phrase 'need to know what you're looking for' - this is what the author may be looking for in terms of interest rates and volumes of lending.
Money, as an economic concept, has been out of fashion for several decades, ever since velocity of M0 started doing funky things that should have been well understood and anticipated and never used as a monetary target under those conditions. It remain no less relevant however. To make sense of it does takes some analysis.
[1] https://www.bankofengland.co.uk/inflation-report/inflation-reports https://www.bankofengland.co.uk/inflation-report/inflation-r...
[2] https://www.bankofengland.co.uk/credit-conditions-survey/2019/2019-q2 https://www.bankofengland.co.uk/credit-conditions-survey/201...
[3] https://www.bankofengland.co.uk/boeapps/database/FromShowColumns.asp?searchText=private+non+financial&Travel= https://www.bankofengland.co.uk/boeapps/database/FromShowCol...
Other central banks do have, and most provide, similar data. The format's a bit different. ECB and Eurostat for the Euro area, various FEDs for the US, etc.
I suppose
> Modern economists and financial analysts
may find the above useful if they with to become less 'average' as the article mentions. I assumed the average economist would be aware of these. Disclaimer: I am not an economist, just someone that takes an interest.