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London School of Economics                                       
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It seems that ignorance of economic policy knows little limits these days. First, tariff on penguins. Now, banning the Fed from paying interest on reserve? So doing would deprive the Fed of its modern tool to set the Fed Fund’s rate, destabilize markets, inflation, etc 1/15

I’m sharing my slide deck on the demographic future of humanity,

🔗 Slides: https://www.sas.upenn.edu/~jesusfv/Slides_London.pdf

prepared for the keynote address I will give tomorrow to the 7th EBRD and CEPR Research Symposium on “The Economics of Demographic Change”:

🔗 Symposium: https://www.ebrd.com/home/news-and-events/news/events/economics-of-demographic-change.html#…

“It was clear that so called “reciprocity” tariffs which were 10 percent across the board didn’t have a national security justification,” @ojblanchard1 says on Bloomberg

I stand with Harvard.

More than Harvard, more than universities, more than science lie in the balance. This is an abuse of power the kind the US so uniquely avoided for so long.

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