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Of Monopoly and Monetary Policy
Written by Luciano Sobral
As in Monopoly, an economy based on fiat money cannot be interrupted by a shortage of money, and the central bank never goes bankrupt.[…]
Author Archive
Luciano Sobral
Economist based in São Paulo, Brazil, been working in financial markets for 11 years. Avid reader & writer; big fan of Belgian beer, Argentinian jazz, Ethiopian coffee and the joys of a peaceful and globalized world.
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When Stupidity Can’t Fail
Written by Luciano Sobral
The following article deals with the topic “The Future of Central Banking: Inflation Targeting vs. Financial Stability,” which will be discussed at the Global Economic Symposium in Rio this October. The author intends to enrich the discussion at the symposium with his personal stories and ideas. In September 1998, following the financial collapse of Russia, […]
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Getting Political on Central Banking
Written by Luciano Sobral
The following article deals with the topic “The Future of Central Banking: Inflation Targeting vs. Financial Stability,” which will be discussed at the Global Economic Symposium in Rio this October. The author intends to enrich the discussion at the symposium with his personal stories and ideas. On August 23rd, in an interview with […]
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Food Prices Rise: What Is the Role of Central Banks?
Written by Luciano Sobral
The following article deals with the topic “The Future of Central Banking: Inflation Targeting vs. Financial Stability,” which will be discussed at the Global Economic Symposium in Rio this October. The author intends to enrich the discussion at the symposium with his personal stories and ideas. After an 18-month reprieve, world food […]
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Brazil and the Battle for Hearts and Minds on the Inflation Front
Written by Luciano Sobral
The following article deals with the topic “The Future of Central Banking: Inflation Targeting vs. Financial Stability,” which will be discussed at the Global Economic Symposium in Rio this October. The author intends to enrich the discussion at the symposium with his personal stories and ideas. Even after nearly two decades since the […]
