Brendan Greeley
speaker
127 appearances
1 recordings
1 series
first heard Jul 2026
last heard 28 Jul
Brendan Greeley’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
Yeah.
So Stephen Moran and Nouriel Roubini published a paper for Hudson Bay Capital Management saying we should think about monetarism again.
It's a good idea.
It would be a way to help the Fed understand inflation and make its policies more effective.
Yeah, but there's a difference between an insight, a theory and a model.
Where it's difficult to take that insight or that theory and turn it into a model is exactly at the point of measurement.
And so this is historically the challenge that we've always had.
So the idea of monetarism is pretty old.
When we look at 16th century Spain, you get this new flood of silver coming ashore from Mexico and the Andes.
And people in Spain and people in France started to notice that prices were increasing in their lifetimes.
And that was something that they hadn't really experienced before.
And so they had to think about why.
There were various explanations for why.
They understood commerce at the time.
So the theories were, you know, the silver coming in increased credit, which increased prices.
We don't have to go back to 16th century Spain.
But can't we?
Could we please?
I just spent seven years of my life, one of them, in peninsular Spain in the 16th century.
But yes, we can move on.
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