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Stefan Gerlach Profile
Stefan Gerlach

@HmsGerlach

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Following
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Chief Economist, EFG Bank; ex-Deputy Governor, CB of Ireland; ex-Executive Director, HKMA; ex-BIS and ex-Prof at Goethe Uni and Brandeis. (Views mine.)🇨🇭🇸🇪

Zurich, Switzerland
Joined July 2015
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@HmsGerlach
Stefan Gerlach
17 days
The BoJ decision can be found here:
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@HmsGerlach
Stefan Gerlach
17 days
MAS’ pursuit of price stability in the last 40 years has been remarkably successful. Singapore eases monetary policy for first time in 4 years
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@HmsGerlach
Stefan Gerlach
18 days
This is interesting.
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@HmsGerlach
Stefan Gerlach
18 days
This is well worth listening too.
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@HmsGerlach
Stefan Gerlach
1 month
RT @bearaboi: The Swedish flag on the Samuel Beckett Bridge tonight to mark Sweden officially opening their Embassy in Dublin today🇸🇪🇮🇪🇪🇺…
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@HmsGerlach
Stefan Gerlach
1 month
Absurd.
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@HmsGerlach
Stefan Gerlach
2 months
@SNB_BNS⁩ cuts rates by 0.5%.
Tweet media one
Tweet media two
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@HmsGerlach
Stefan Gerlach
2 months
RT @SNB_Observatory: New report on the SNB's exchange rate policy. While it has used FX intervention extensively since 2008, it only acknow…
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@HmsGerlach
Stefan Gerlach
3 months
Ukraine’s bonds jump as investors bet Trump will end war via @FT
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@HmsGerlach
Stefan Gerlach
3 months
One should not overinterpret a single data point. US inflation rises to 2.6%
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@HmsGerlach
Stefan Gerlach
3 months
Will Friedrich Merz get Germany to abandon its fiscal fetish? via @FT
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@HmsGerlach
Stefan Gerlach
3 months
@hjecon Yes, that seems correct. Rigid solutions are rare in economics.
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@HmsGerlach
Stefan Gerlach
3 months
@WielandVolker No, these are separate issues.
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@HmsGerlach
Stefan Gerlach
3 months
@WielandVolker Indeed, but that is not because of the smaller public debt. Flexible labor markets and an efficient public administration, arising from more pragmatism and less religion in public policy. Perhaps also less dependence on a single sector/export market?
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@HmsGerlach
Stefan Gerlach
3 months
@lexhoogduin I asked you as an economist — those are indeed the rules.
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@HmsGerlach
Stefan Gerlach
3 months
@lexhoogduin What is 10% of GDP between friends?
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@HmsGerlach
Stefan Gerlach
3 months
@lexhoogduin Again we agree. The question is whether consumption should be cut one-for-one as investment rises or if some borrowing makes sense. Since the returns on investment come in the (far) future, it seems to me that some limiting borrowing makes sense. This is the mortgage analogy.
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@HmsGerlach
Stefan Gerlach
3 months
@lexhoogduin So we agree, except on the question on whether saving should come before investment. This is where my mortgage analogy comes in.
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