
Artun
@artun_cantimur
ID: 1213569043417858048
04-01-2020 21:13:08
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Recommendation letters dramatically increase employment and earnings for low-income, minority youth in New York City, from Sara B. Heller and Judd Kessler nber.org/papers/w29579


As Timothy Ash says, the FX deposit scheme may protect against Lira depreciation, but it doesn't protect against inflation. This is why flows into deposits (black) lag lending (blue), if people are buying physical assets. Best way to protect depositors from inflation: rate hikes...








