Sri Lanka rupee appreciation explained

Mass sovereign default episode in the 1980s also followed a decade of bad money from the Fed

Converted budget support loans and conflicting PCs can lead to new external instability, discredit and derail reforms

The new law appears to have brought back policy conflicts dropped in a previous amendment

The inclusion of extensive macro-prudential laws is an admission that money is bad

A strike planned on March 01

IMF should stop the promotion of impossible trinity regimes with spurious claims to monetary policy independence

Call from Goh, Shenoy to provide sound money discarded in favour of depreciation, flexible regimes

Care should be taken to make sure that excess liquidity does not re-emerge from fictitious capital

In 1968 with Bretton Woods soft-peg hanging on a thread, advantages of currency board had become clear