Hosted by David Beckworth of the Mercatus Center, Macro Musings pulls back the curtain on the important macroeconomic issues of the past, present, and future.
http://macromarketmusings.blogspot.com/
Jon Sindreu on Global Financial Flows and the Balance of Trade
Jon Sindreu is a reporter for the Wall Street Journal where he covers financial markets and the global transportation industry for the Heard on the Street column. Jon joins David on Macro Musings to discuss the role of global financial flows in driving global trade patterns. Specifically, Jon and David discuss the Bernanke view, loanable funds view, and money view of global financial system, as well as the implications for policy.
Transcript for the episode can be found here.
Jon’s Twitter: @jonsindreu
Jon’s Wall Street Journal profile: https://www.wsj.com/news/author/jon-sindreu?mod=rsswn
Related Links:
*Trade Wars Are Class Wars* by Matthew Klein and Michael Pettis
https://yalebooks.yale.edu/book/9780300244175/trade-wars-are-class-wars
*Wages of Destruction* by Adam Tooze
https://www.penguinrandomhouse.com/books/295490/the-wages-of-destruction-by-adam-tooze/
*Capital Flows, Asset Prices, and the Real Economy: A "China Shock" in the U.S. Real Estate Market* by Zhimin Li, Leslie Sheng Shen, and Calvin Zhang
https://www.federalreserve.gov/econres/ifdp/capital-flows-asset-prices-and-the-real-economy-a-china-shock-in-the-us-real-estate-market.htm
David’s Twitter: @DavidBeckworth
David’s blog: http://macromarketmusings.blogspot.com/