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“The Road” – Seeds of Wisdom RV/GCR Update(s) from Goldilocks 8-6-23


Goldilocks and Seeds of Wisdom Goldilocks posted comments and links on the global financial system: The Integrated Monetary and Financial Policies for Small Open Economies have completed their research. Here is their findings: …”we show that to manage non-fundamental inflow surges and taper tantrums related to local currency debt, capital inflow taxes and FX intervention should be used instead of the policy rate and exchange rate flexibility.” The IMF Working Papers have shown in their research that a Forex Intervention is necessary instead of continuing on with interest rate changes and old policies that no longer work. There is…

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