tag:blogger.com,1999:blog-1110014885778996459.post5245328883500126097..comments2024-03-28T04:16:11.729-07:00Comments on Idiosyncratic Whisk: August 2016 CPI InflationKevin Erdmannhttp://www.blogger.com/profile/07431566729667544886noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1110014885778996459.post-36706335487913753772016-10-12T13:20:58.301-07:002016-10-12T13:20:58.301-07:00Great point about moral hazard. I'd add, cron...Great point about moral hazard. I'd add, cronyism. I wish we'd go back to the days when IOR wasn't permitted. Barring that, the max IOR payable should be the lowest rate being paid on T-bills of 1 month or less. billnoreply@blogger.comtag:blogger.com,1999:blog-1110014885778996459.post-53811251812770434222016-09-16T16:42:15.035-07:002016-09-16T16:42:15.035-07:00Nice post. We face the orospects of a banking syst...Nice post. We face the orospects of a banking system that is paid to do nothing.<br /><br />I see no moral hazard in that.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com