Tuesday, May 19, 2020

Reopening the economy, and aftermath, now on Youtube



My Bendheim Center talk and discussion with Markus Brunnermeier on all things Covid-19 and economics is now on YouTube, direct link here. I start at 14:08.

If you like the paintings behind me and you're getting bored, more info here. (Shameless nepotism disclaimer.)
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5 comments:

  1. J.S. KroodsmaMay 20, 2020 at 3:43 PM

    I totally don't understand around minute 55: reserves are short-term treasury debt. Which reserves are you referring to? Commercial banks (excess?) reserves at the FED? Thanks in advance.

    ReplyDelete
    Replies
    1. dillsmithMay 20, 2020 at 11:43 PM

      This must be interest on excess reserve (IEOR) on deposit at the Fed.

      Delete
  2. AnonymousMay 20, 2020 at 7:23 PM

    What do you think the rate will be at which perpetuities will place in the market if they were actually to be issued?

    ReplyDelete
  3. JK BrownMay 21, 2020 at 1:12 AM

    Sadly, the geniuses in charge have not pushed the avoid prolonged close-range/face-to-face contact with spittle making activities, such as loud talking, yelling, singing, coughing/sneezing, etc. in enclosed spaces. Instead they blindly yell "social distancing," even if you are on a beach, out to sea on a wave board, etc. Therefore, we get people re-engaging in indoor, close range social/business/religious activities. The odd thing is the failure of public health officials has been so across the board uniform. None that I can tell, have tried to teach avoiding prolonged close-range contact avoidance rather than just blind six-foot buffers anywhere and everywhere. No talk of spittle-maker control since you have to point that at someone to spittle on or catch spittle from another.

    ReplyDelete
  4. ThaomasMay 21, 2020 at 7:10 AM

    Transcript, please. Video is such a bad way to transmit information and argument.

    ReplyDelete

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