ExorbitantPrivilege

ExorbitantPrivilege

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February 2025

January 2025

Beige Book looks hawkish
Growth deemed strong, inflation not beaten.
 • 
Meyrick Chapman
Fed Leaves Green Blob
Move signals return to historic focus on protecting value of the currency
 • 
Meyrick Chapman
A tale of 2 QEs.
QE losses = increase in private wealth. The BoE provides a massive boost to private wealth. Arrangements need to be revisited.
 • 
Meyrick Chapman
UK's bank regulator pre-empts end of Endgame
PRA announces postponement of Basel 3.1
 • 
Meyrick Chapman
End of Endgame?
Fun again? Will the TrumpII kill bank capital increase?
 • 
Meyrick Chapman
Paid subscriptions
A small change for readers.
 • 
Meyrick Chapman
2
Myths and Reality
US fiscal sustainability myths and real risks to the Treasury market
 • 
Meyrick Chapman
4

December 2024

November 2024

Rewiring Chaos
What does the Trump2 message mean? Wailing is useless
 • 
Meyrick Chapman
7
Learning Time
In Vietnam and Australia
 • 
Meyrick Chapman
4
Short-Term Parking
How not to fix the US’ fiscal problem
 • 
Meyrick Chapman
7
Making The Dollar UnGreat Again
Trump wants to swap reserve status for economic prowess
 • 
Meyrick Chapman
2
Geo-financial risk goes public
DNB wants preparation, implies future central bank intervention.
 • 
Meyrick Chapman
4
Blind to bumps
Record asset manager derivative positions a risk to Treasuries?
 • 
Meyrick Chapman

October 2024

August 2024

July 2024

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