Louis LiuWhy Banks Can’t Independently Alter the Aggregate Supply of ReservesThis is a point I’ve seen thrown around a lot without explanation, after a bit of thinking I’ve come up with one that I think makes sense…Jul 22, 2019Jul 22, 2019
Louis LiuHow Reserves Facilitate LendingLately I’ve been trying to teach myself how monetary policy works, and while looking around came across this Forbes article by Steve Keen…Jul 21, 2019Jul 21, 2019
Louis LiuinTheCIAOXiongan: Just Another New AreaShenzhen in China’s Guangdong province was proclaimed a “special economic zone” (SEZ),[2] establishing it as an area in which “foreign and…Mar 7, 2018Mar 7, 2018