Monday , April 7 2025
Home / Mike Norman Economics / Powell: “Treasury is responsible for exchange rate policy — full stop”

Powell: “Treasury is responsible for exchange rate policy — full stop”

Summary:
Looks like a political impasse between these 2 Monetarist morons:Jerome Powell, June 25: “The Treasury Department -- the administration -- is responsible for exchange rate policy -- full stop.''https://t.co/7oe1uoDxy1 https://t.co/Vm1h53tJ1F— Katherine Greifeld (@kgreifeld) August 5, 2019

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Jeremy Smith writes UK workers’ pay over 6 years – just about keeping up with inflation (but one sector does much better…)

Robert Vienneau writes The Emergence of Triple Switching and the Rarity of Reswitching Explained

Lars Pålsson Syll writes Schuldenbremse bye bye

Robert Skidelsky writes Lord Skidelsky to ask His Majesty’s Government what is their policy with regard to the Ukraine war following the new policy of the government of the United States of America.


Looks like a political impasse between these 2 Monetarist morons:

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *