Monday’s links

  1. Glut of cash in US financial system pressures Fed policy rate – FT
  2. First warning sign in global commodities boom flashes in China – Bloomberg
  3. Grantham thinks we are in a big, multi-asset market bubble and there is going to be a monstrous crash – FT Unhedged
  4. Why Economics Is Failing Us – Bloomberg Economics
  5. The Fed Should Say It’s Ready to Rethink – Bloomberg Editorial
  6. Fed’s Brainard Warns Private Cryptocurrency Could Fragment Payment System – WSJ Central Banking
  7. Serious inflation is coming and the time to start addressing it is now – Telegraph