Dan Hinge
@danhinge.bsky.social
Benchmarks editor at Central Banking - covering economics, data and the BIS. Short stories published by Liars' League and Every Day Fiction
📚📰🚲🍲🏃🥾
Signal: @danhinge.89
https://www.centralbanking.com/author/daniel-hinge
📚📰🚲🍲🏃🥾
Signal: @danhinge.89
https://www.centralbanking.com/author/daniel-hinge
Life insurers are now more systemically important and more exposed to liquidity risk, BIS's Gaston Gelos and Frank Packer write in a piece for CB www.centralbanking.com/central-bank...
The life insurance industry’s transformation: financial stability implications - Central Banking
Gaston Gelos and Frank Packer examine an industry that is increasingly complex and interconnected
www.centralbanking.com
November 26, 2025 at 1:37 PM
Life insurers are now more systemically important and more exposed to liquidity risk, BIS's Gaston Gelos and Frank Packer write in a piece for CB www.centralbanking.com/central-bank...
Reposted by Dan Hinge
Why the two-child limit has to go, in a chart.
November 25, 2025 at 4:28 PM
Why the two-child limit has to go, in a chart.
CNB governor Aleš Michl spoke to us about the central bank's bitcoin-buying experiment. The CNB is not looking to “simulate reality”, but to “touch it”, he said.
www.centralbanking.com/central-bank...
www.centralbanking.com/central-bank...
CNB digital asset portfolio is about real learning, says Michl - Central Banking
Governor says bank is not looking to simulate reality but ‘touch it’ with experimental bitcoin holding
www.centralbanking.com
November 25, 2025 at 5:29 PM
CNB governor Aleš Michl spoke to us about the central bank's bitcoin-buying experiment. The CNB is not looking to “simulate reality”, but to “touch it”, he said.
www.centralbanking.com/central-bank...
www.centralbanking.com/central-bank...
Dog and frisbee fans may enjoy this new paper out of the BIS www.bis.org/fsi/fsibrief...
Revisiting the regulatory capital stack
The post-Great Financial Crisis regulatory reforms have directly contributed to a more resilient financial system and supported sustainable growth, but some concrete aspects can be improved. The compl...
www.bis.org
November 25, 2025 at 2:23 PM
Dog and frisbee fans may enjoy this new paper out of the BIS www.bis.org/fsi/fsibrief...
We timed the launch to coincide with our autumn conference, which is currently taking place in the famously Spanish-speaking nation of [checks notes] Brazil
I am pleased/slightly apprehensive to announce that we have found the button that activates Spanish mode on our website: www.centralbanking.com/es-la
buzz lightyear and jessie are standing next to each other in the dark .
Alt: Buzz Lightyear in Spanish mode dancing around Jessie
media.tenor.com
November 20, 2025 at 12:24 PM
We timed the launch to coincide with our autumn conference, which is currently taking place in the famously Spanish-speaking nation of [checks notes] Brazil
I am pleased/slightly apprehensive to announce that we have found the button that activates Spanish mode on our website: www.centralbanking.com/es-la
buzz lightyear and jessie are standing next to each other in the dark .
Alt: Buzz Lightyear in Spanish mode dancing around Jessie
media.tenor.com
November 20, 2025 at 12:23 PM
I am pleased/slightly apprehensive to announce that we have found the button that activates Spanish mode on our website: www.centralbanking.com/es-la
Europe's banks had their chance to challenge Visa/Mastercard and blew it - that's one reason the digital euro is going ahead. So I don't have much sympathy with their griping now... www.ft.com/content/fe65...
Europe’s battle for control of its money
Banks fear ECB plans for a digital euro will undermine a European alternative to Visa, Mastercard and PayPal
www.ft.com
November 19, 2025 at 5:06 PM
Europe's banks had their chance to challenge Visa/Mastercard and blew it - that's one reason the digital euro is going ahead. So I don't have much sympathy with their griping now... www.ft.com/content/fe65...
Shift out of dollars mostly reflects hedging rather than outright asset sales, BIS's Tombini says www.centralbanking.com/central-bank...
Dollar remains king for now, says Tombini - Central Banking
BIS Americas chief tells Central Banking Autumn Meetings of lessons from events of past year
www.centralbanking.com
November 19, 2025 at 4:40 PM
Shift out of dollars mostly reflects hedging rather than outright asset sales, BIS's Tombini says www.centralbanking.com/central-bank...
New channel of monetary policy transmission just dropped - cost of carry www.bankofengland.co.uk/working-pape...
Inventories matter for the transmission of monetary policy: uncovering the cost-of-carry channel
Staff working papers set out research in progress by our staff, with the aim of encouraging comments and debate.
www.bankofengland.co.uk
November 17, 2025 at 9:26 AM
New channel of monetary policy transmission just dropped - cost of carry www.bankofengland.co.uk/working-pape...
Central banks really like gold right now. Chart from Arslanalp, Eichengreen, and Simpson-Bell www.nber.org/papers/w34478
November 17, 2025 at 9:14 AM
Central banks really like gold right now. Chart from Arslanalp, Eichengreen, and Simpson-Bell www.nber.org/papers/w34478
As someone who pays income tax, pays into a pension and is contemplating the purchase of a cargo bike this could be a painful budget
Rachel Reeves is setting the Cycle to Work scheme on fire as part of the war on salary sacrifice policies! on.ft.com/4oKXNrC
Rachel Reeves to curb bike purchases through salary sacrifice in Budget
Introduction of new cap comes after retailers warned some higher-rate taxpayers were exploiting the perk
on.ft.com
November 13, 2025 at 9:27 AM
As someone who pays income tax, pays into a pension and is contemplating the purchase of a cargo bike this could be a painful budget
Reposted by Dan Hinge
Very interesting paper. Confirms what we knew from cross-country studies - large, rapid effects. The really interesting part is the firm-level analysis, which shows similar, if somewhat lower, magnitudes.
www.nber.org/papers/w3445...
www.nber.org/papers/w3445...
November 10, 2025 at 11:44 AM
Very interesting paper. Confirms what we knew from cross-country studies - large, rapid effects. The really interesting part is the firm-level analysis, which shows similar, if somewhat lower, magnitudes.
www.nber.org/papers/w3445...
www.nber.org/papers/w3445...
Reposted by Dan Hinge
November 10, 2025 at 1:44 PM
BoE systemic stablecoin proposals out. Backing 60/40 split UK gov debt and unremunerated reserves. Access to central bank liquidity. Holding limits www.bankofengland.co.uk/news/2025/no...
Bank of England launches consultation on regulating systemic stablecoins
The Bank of England (the Bank) has today published a consultation paper (CP) setting out its proposed regulatory regime for sterling-denominated systemic stablecoins.
www.bankofengland.co.uk
November 10, 2025 at 9:23 AM
BoE systemic stablecoin proposals out. Backing 60/40 split UK gov debt and unremunerated reserves. Access to central bank liquidity. Holding limits www.bankofengland.co.uk/news/2025/no...
Really interesting Schnabel speech today on the future of the ECB balance sheet. Here's @lkoro.es's write-up: www.centralbanking.com/central-bank...
ECB to tilt future QE to shorter-term bonds – Schnabel - Central Banking
Collateralised lending to play key role in Eurosystem asset composition
www.centralbanking.com
November 6, 2025 at 5:10 PM
Really interesting Schnabel speech today on the future of the ECB balance sheet. Here's @lkoro.es's write-up: www.centralbanking.com/central-bank...
As someone who has just manually downloaded and shared 51 utility bills in a bid to persuade Thames Water to let me pay them some money, I think the UK's digital ID can't come fast enough
October 27, 2025 at 12:21 PM
As someone who has just manually downloaded and shared 51 utility bills in a bid to persuade Thames Water to let me pay them some money, I think the UK's digital ID can't come fast enough
Tesla's sales could have been as much as 83% higher without Musk's political shenanigans, this paper reckons www.nber.org/papers/w34413
The Musk Partisan Effect on Tesla Sales
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...
www.nber.org
October 27, 2025 at 9:01 AM
Tesla's sales could have been as much as 83% higher without Musk's political shenanigans, this paper reckons www.nber.org/papers/w34413
This is really interesting. So what is it about a bank that means it is allowed to create money (M1 at least) but a tech company can't? I guess lack of regulation, but that is being solved in some jurisdictions. Competition with e-CNY maybe a bigger reason? www.ft.com/content/8bc1...
Chinese tech giants pause stablecoin plans after Beijing steps in
Regulators raise concerns about the rise of privately controlled currencies
www.ft.com
October 19, 2025 at 5:46 AM
This is really interesting. So what is it about a bank that means it is allowed to create money (M1 at least) but a tech company can't? I guess lack of regulation, but that is being solved in some jurisdictions. Competition with e-CNY maybe a bigger reason? www.ft.com/content/8bc1...
If you read one thing today, you obviously have to make it @jim.londoncentric.media's story about the mafia snail farmers open.substack.com/pub/londonce...
The snail farmer of London, his mafia friends, and a £20m vendetta against the taxman
Terry Ball runs elaborate mollusc-based tax avoidance schemes that are costing London councils millions of pounds. Yet when London Centric tracks him down, an even stranger story emerges.
open.substack.com
October 18, 2025 at 12:04 PM
If you read one thing today, you obviously have to make it @jim.londoncentric.media's story about the mafia snail farmers open.substack.com/pub/londonce...
Reposted by Dan Hinge
The world has become dangerously dependent on American stocks, Gita Gopinath writes for @economist.com. Gita’s striking, if alarming, take is really worth reading
“Though technological innovation is undeniably reshaping industries and increasing productivity, there are good reasons to worry that the current rally may be setting the stage for another painful market correction,” writes Gita Gopinath in a guest essay
Gita Gopinath on the crash that could torch $35trn of wealth
The world has become dangerously dependent on American stocks, writes the former IMF chief economist
econ.st
October 15, 2025 at 1:05 PM
The world has become dangerously dependent on American stocks, Gita Gopinath writes for @economist.com. Gita’s striking, if alarming, take is really worth reading
Reposted by Dan Hinge
Thing by me on today's Econ nobel in @alphaville.ft.com : www.ft.com/content/b8aa...
Idealist and/or materialist theories of economic growth
[FREE TO READ] Nobel committee: ¯\_(ツ)_/¯
www.ft.com
October 13, 2025 at 3:15 PM
Thing by me on today's Econ nobel in @alphaville.ft.com : www.ft.com/content/b8aa...
Tim Harford v good on digital ID www.ft.com/content/b7c2...
In defence of digital ID
Well-designed, it could strengthen the protection of important liberties
www.ft.com
October 2, 2025 at 8:26 AM
Tim Harford v good on digital ID www.ft.com/content/b7c2...
Pleased to confirm that the gobsmackingly huge number is $9.6 trillion daily FX turnover www.centralbanking.com/central-bank...
September 30, 2025 at 4:11 PM
Pleased to confirm that the gobsmackingly huge number is $9.6 trillion daily FX turnover www.centralbanking.com/central-bank...