Dan Hinge

@danhinge.bsky.social

1290 Followers 742 Following

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

Letter from Jerome Powell thanking Central Banking for his Governor of the Year award
Charts showing that most non-centrally cleared repos take place without haircuts
Chart showing sustained climb in central bank gold holdings from around 2010 to 2025, after a long decline from a peak in the 1960s.
Scaffolding on Trellick Tower, a print by Louise Hayward, framed and on the wall of my flat.
Pullquote with the text "It's bloody difficult to sue the Bank of England for anything", a quote from John Gieve, former BoE deputy governor
Then it’s also a question of whether, for example, it’s a third-party co-issuance stablecoin, like you had in France with Circle. The challenge there is that we must be careful about the regulatory arbitrage because regulation is not the same everywhere. If you do coin issuances that are fungible and where you have a guarantee to use a product in the same way wherever you are in the world, then we must be sure that the reserves could also move freely. For example, in Europe, we have favourable legislation that guarantees you can get redemptions quickly. So, if there is a run, people might run in Europe, rather than somewhere else, because of regulatory reasons. This is all a little speculative at present, as the business has not grown significantly enough yet. But we have to be careful and guard against unwanted consequences before they become unmanageable.
Chart from BIS paper showing monetary conditions index (MCI) is substantially lower than the policy rate and estimates of the shadow rate.
A flaming owl in sunglasses celebrating the 950 day streak I reached on Monday. Today I ran out of streak freezes and also patience with Duolingo's shortcomings
Chart showing that over 85% of central banks include digital transformation and payment systems in their strategic plans. Forecasting, AI and evolving mandate are the least common options (all <40%)
But if I’m honest, that kid was working harder than I am. He was so much more scared than I am, which means he was being so much braver. Fiercely intent on learning and growing, in a way I could only dream of being now.
Chart showing extent of access to cash policies (in 46.9% of jurisdictions), commercial bank cash mandates (43.8%) and mandatory cash acceptance at retailers (54.3%)
Title: The Effect of Deactivating Facebook and Instagram on Users’ Emotional State Abstract: We estimate the effect of social media deactivation on users’ emotional state in two large randomized experiments before the 2020 U.S. election. People who deactivated Facebook for the six weeks before the election reported a 0.060 standard deviation improvement in an index of happiness, depression, and anxiety, relative to controls who deactivated for just the first of those six weeks. People who deactivated Instagram for those six weeks reported a 0.041 standard deviation improvement relative to controls. Exploratory analysis suggests the Facebook effect is driven by people over 35, while the Instagram effect is driven by women under 25.
Chart showing that a significant share of central banks saw the rate of banknote returns and destruction shrink more than 40% in the past 10 years.
A bowl of deep fried purple sprouting broccoli
The view from Table Mountain, looking down on Cape Town and the bay beyond
View across London from the train. Tracks in foreground, Shard in background
Tell me everything by Elizabeth Strout. Hardback with an orangey-red cloth binding on the spine. Illustrated with a line drawing of a road through trees, presumably in Maine
Book stalls and people on the south bank of the Thames, with low winter sun
Landing page of the new Central Bank Directory, with search bar, contact finding tool and A-Z of central banks
Aoife, with decorations reading 'HAPPY BIRTHDAY AOIFE'
Nigella's Clementine cake, still warm in the tin
A pizza with ham and pineapple. Delicious!
Nigella's Indonesian inspired biryani in a big blue pot, Jan 1, 2024
Front cover of the book Steering the Craft by Ursula Le Guin.
Chart showing main elements of central bank forecast models. Multiple transmission channels and inflation expectations appear in close to 90% of respondents' models, but non-linearities and heterogeneous agents are quite rare, in use at <20% of central banks
Extra Teeth logo and the words WE ARE BACK
Supreme court overturns car
The view from Ruskin Park. Playing fields in the foreground, a row of houses, then skyscrapers catching the last of the light on their western faces. Above, clouds, slantwise.
Me aged 18 wearing a straw cowboy hat and carrying a big rucksack
Delicious Korean food inc fried chicken, pancakes, deep fried cheese balls, kimchi and coleslaw
Chart showing that close to half of central banks in our sample have an access to cash policy. Over 40% set minimum levels of cash services at banks, and over 50% require retailers to accept cash.
Lasagna - big one on the left, smaller on the right. Nice and crispy on top!
A rude poem about a certain orange shite-louse lie-monger tie-treader...
A big big wheel
View east over the Thames from Blackfriars station with Tate modern on the right
Recipe for sour cabbage
Soviet map showing 'саутуарк'
Luke, you switched off your targeting computer, what's wrong? Microsoft Word's grammar check, that's what