Derek Macro

Derek Mcdaniel
Macroeconomics and memes
Created 10 Oct 2021
  • Money Printing is a Capital Raise
    19 Oct 2021 • 3 min read
    Money Printing When the government creates money, it can do so in one of two ways. It can either issue cash, or issue bonds. Under most central bank arrangements, issuing cash is not done directly, th...
    16 Oct 2021 • 4 min read
    This post was adapted from a comment I left on another substack: Keegan Francis This newsletter tracks my journey and the products I use to live off of cryptocurrency. While I do disagree with Keegan ...
  • What are Fading Inflation Adjustments?
    13 Oct 2021 • < 1 min read
    Fading inflation adjustments are simply creating inflation tracking policy adjustments, that don’t try to keep pace with inflation 100%. One way to do this, would be to have a policy variable increase...
  • The Questions Only MMT Answers Thoroughly and Accurately About Government Finance
    13 Oct 2021 • 5 min read
    My last article dealt with the question of when MMT is an important tool for a particular economic problem. For most economics questions, I think you do not have to talk about MMT. This is because gov...
  • To MMT or not to MMT
    12 Oct 2021 • 4 min read
    Well, in the last post I talked about how there are many branches of mathematics, which aren’t considered to be in contradiction. I am a subscriber to MMT as a valid and useful “branch” of economic th...
  • Macro: The way forward
    10 Oct 2021 • 7 min read
    The way forward for macro Macroeconomics is in bad shape. For decades, theory has languished in old thinking, which is hard to justify in theory, and poorly corresponds to the stakes of policy in the ...
  • Coming soon
    10 Oct 2021 • < 1 min read
    This is Derek Macro, a newsletter about Macroeconomics and memes. Subscribe now
  • View More on Substack »