Money Fetish
Marcus NunesMostly revolving around monetary policy
| Platform |  | Pricing | Freemium | Publishes | Daily |
|---|---|---|---|---|---|
| Issues | 428 | Founded | 5 years ago | Last Issue | 5 days ago |
| Active | |||||
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marcusnunes.substack.comLatest Issues
A Number for the Fiscal Wall
I have written, more than once, about an American fiscal wall — the point at which the debt stops being a slow-burning worry and becomes a binding constraint. In The Coming Fiscal Reckoning: America’s Path to the Wall, I argued that the que...
When Supply Chains Break, the Fed Should Lean In — Not Back Off
A new NBER paper quietly dismantles the conventional wisdom on monetary policy and supply shocks — and the punchline is almost funny.
There’s a view that has dominated central banking since at least the stagflation of the 1970s: when a neg...
The Chilean Mirror: What Argentina Sees and Cannot Yet Reach
There is no more instructive comparison in Latin American economic history than Chile and Argentina.
The two countries share more than geography. They share language, colonial heritage, a dependence on commodity exports, a history of polit...
The April PCE Report: It’s Not Just Food and Energy
The April PCE numbers are out, and if you’re only reading the headline, you’re missing the story.
Yes, headline inflation accelerated to 3.8% year-over-year — the highest since May 2023. And yes, a big chunk of the goods surge came from ga...
The Libertarian Laboratory: Why Argentina Was Never Going to Be the Proof of Concept
Alvaro Vargas Llosa’s piece in The Independent is a reasoned and largely accurate diagnostic of Argentina’s current economic difficulties under Milei.
It identifies the right problems — persistent inflation, incomplete liberalisation, deb...
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