Experimental browser for the Atmosphere
When trying to sort out causality in balance of payments (as Borio and Disyatat made clear) it is not just a question of whether domestic or external *real* imbalances are the driving force, but also whether the financial account and financial policy factors domestically & abroad are causal factors
Mar 28, 2025, 10:42 AM
{ "uri": "at://did:plc:23q74bxwfupguvz6y6w3qmim/app.bsky.feed.post/3llgmxyx5o22f", "cid": "bafyreigx36wnjbg7o2mhtpqcsfnrsmwkgukhnuptqgfjk6vpot3ierdae4", "value": { "text": "When trying to sort out causality in balance of payments (as Borio and Disyatat made clear) it is not just a question of whether domestic or external *real* imbalances are the driving force, but also whether the financial account and financial policy factors domestically & abroad are causal factors", "$type": "app.bsky.feed.post", "embed": { "$type": "app.bsky.embed.record", "record": { "cid": "bafyreicvucclpv74kehg5nc22g4fkdpuqgyfqshovbpo5zxu3hrhbzi3pq", "uri": "at://did:plc:aday7msfnpqba7psqpjq3pij/app.bsky.feed.post/3llg37twqav2m" } }, "langs": [ "en" ], "createdAt": "2025-03-28T10:42:59.728Z" } }